Namibian places subsidiaries in liquidation
Namibian placed two subsidiaries, Namco Holdings SA and Namco Maritime, into provisional liquidation after LL Mining BV withdrew financial support amid failed talks with senior lenders.
Afri-can Marine Recovers 84 Gem Quality Diamonds and Discover …
Afri-Can Marine recovered 84 gem quality diamonds weighing 11.4 carats and discovered a new mineralized area during phase 2 sampling of its block J concession in Namibia.
TSX Reviews Namibian Minerals Corporation (nmr)
The TSX is reviewing Namibian Minerals for continued listing. The review is being conducted on an expedited basis.
Namibian ceases South African-Namibian operations
Namibian Minerals Corp.'s board ordered certain South African and Namibian subsidiaries to immediately cease operations after financing talks failed.
Namibian Minerals Corporation Announces Third Quarter Results
Namibian Minerals Corporation reported third-quarter 2002 net profit of $96,000 (U.S.) on revenue of $15,214,000 from sales of 126,713 carats.
Afri-can Marine Commences Its Follow-up Sampling Program on …
Afri-Can Marine Minerals began a follow-up sampling program on its Block J marine diamond concession off Namibia using the vessel mv Lady S.
Namco – Quarterly Production Record
Namco produced a record 117,050 carats in Q3, bringing year-to-date production to 205,700 carats.
Afri-can Marine Minerals Increases Its Interest in the Block …
Afri-Can Marine Minerals raised its interest in the Block J marine diamond concession in Namibia to 70 per cent for a cash payment of $825,000 Namibian ($125,000 Canadian).
Afri-can Marine Signs an Agreement with Gemfarm for the Follo …
Afri-Can Marine Minerals has signed an agreement with Gemfarm Investments to conduct a 30-day follow-up sampling program on its Block J diamond concession off Namibia starting around Oct. 15.
Namibian Minerals Corporation (namco) Announces Second Quarte …
Namibian Minerals Corporation reported a second-quarter 2002 net loss of $24,954,000 (25 US cents per share), including a $15,685,000 goodwill impairment provision.