Luderitz Bay grant results
Namco 1 completed first pass bulk sampling of the Koichab area at its 540 sq km Luderitz Bay grant in Namibia, recovering diamonds from 60% of…
Appointment
Neil McDougall has been appointed to the board after three years working with the group on its South African sea concessions.
Gem quality diamonds confirmed in marine diamond concessions
A US$10 million bulk sampling program has confirmed gem quality diamonds across the company's three marine diamond concessions off Namibia and…
Shareholder rights protection plan
The company will present its shareholder rights protection plan, adopted by directors on February 10 1995, to shareholders for approval at its…
Bulk sampling program enters full phase testing
Bulk sampling at Saddle Hill has entered full phase testing, and Nautical Diamonds was granted a new 3,500 sq km South African concession.
No material changes
The company reports no material changes since its April 20 quarterly filing, despite the share price rise, as its US$10 million Cape Town bulk…
Government grants 30 sq km concession in Namibia
The Namibian government has granted the company a 30 sq km onshore diamond exploration concession on the north bank of the Orange River.
Appointment; Orange River grant in Namibia awarded
Kombadayedu Kapwanga has been appointed regional manager and director of the company's Namibian companies, and subsidiary Gariep Mining has…
Shareholder rights plan adopted
The company adopted a shareholder rights plan on February 10, 1995, issuing one right per common share and convertible security to guard…
Bulk sampling program to begin in Namibian and South African waters
ND Charters, a Namibian Minerals subsidiary, has chartered the MV Sprut to begin a 180 day bulk sampling program over marine diamond…