Location:
South Africa
Nearest Landmark:
SCHWEIZER
Distance from Landmark:
6 km
Direction from Landmark:
East
Latitude:
N/A
Longitude:
N/A
Property Map
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Property News
June 30, 2001
A total of 15,682 tonnes of gravel was processed, returning 173.81 carats of diamond, with an average stone size of 0.97 carats. The plant only recovered stones in excess of 2 mm.
June 30, 2001
A total of 15,682 tonnes of gravel was processed, returning 173.81 carats of diamond, with an average stone size of 0.97 carats. The plant only recovered stones in excess of 2 mm.
April 30, 2001
Namakwa Diamond Co. has secured a Declaration of Unacceptable Circumstances from the Corporations and Securities Panel regarding Majestic Resources' hostile takeover offer. The Panel ordered Majestic to issue a supplementary Bidder's Statement and extend the closing date of the bid until May 17, after finding that the Statement contained unsubstantiated and misleading statements and did not provide all of the information which shareholders would reasonably require to assess the bid. Namakwa also announced preliminary sampling results from its Namakwa Diamond Project in South Africa. Preliminary grades as high as 0.35 c/t were reported from bulk sampling. The company also secured an option on a second alluvial diamond project in South Africa. (Crown Diamonds NL)
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