Afri-Can Marine Minerals has completed aerial and marine geophysical surveys of block B and begun a geophysical survey of block J, both north of Luderitz, Namibia.
Namibian Minerals' NamSSol seabed mining system parted in two and its undercarriage was left on the seabed during a Jan. 7 recovery attempt off Luderitz Bay.
Namibian Minerals Corporation (Namco) recovered its first diamonds from the new Nam 2 seabed crawler aboard MV Ya Tolvo in mining licence 36 offshore Namibia.
Afri-Can has contracted Marine & Coastal Geoscience to run a $290,000, three-week geophysical survey covering 1,750 line-kilometres across the Woduna (block J) and Together Quando (block B) concessions starting Dec. 5.
Afri-Can Marine closed a $550,000 private placement of two million units at 25 cents each to fund exploration on its Woduna and Together Quando concessions.
Namco's third-quarter 2000 diamond production rose 42 per cent to 65,000 carats from the prior quarter, though the company posted a $665,000 (U.S.) loss.
Diamond Fields' board approved proceeding, subject to financing, with development of the Sea Diamonds project offshore Luderitz, Namibia, following a positive feasibility study.