September 23, 2011 Namakwa Diamonds announced that it has sold its mining and exploration operations in the Democratic Republic of Congo on a going concern basis for US$6.25 million.
April 22, 2008 Namakwa reported it is engaged in a resource delineation programme in the DRC, moving into bulk
sampling and small scale production in 2009. The milestones for this project are:
-Establish infrastructure in the DRC to provide a base for development;
-Employment of a geological contractor to define ore bodies on four concession nodes;
-Install small sample plants for indicative grade determination;
-Procure earthmoving equipment and treatment plants;
-Transport and install machinery in Tshikapa area; and
-Commence small scale production and bulk sampling ¡V January 2009
