Afri-can Marine Minerals Closes a Private Placement Totaling …
Afri-Can Marine Minerals has closed private placement agreements totalling $1.75-million, comprising 5,833,333 units at 30 cents each.
Namibian Minerals Corporation New Daily Production Record
Namibian Minerals Corporation's mining vessel MV Ya Toivo recovered 16,417.55 carats on July 23 while mining Hottentot Bay Grant feature 22, a new single-vessel daily record.
Afri-can Marine Minerals Increases Its Interest in the Block …
Afri-Can Marine Minerals increased its interest in the Block J marine concession in Namibia to 60 per cent for a cash payment of $825,000 Namibian ($125,000 Canadian).
Namibian Minerals Corporation – Mv Kovambo Re-enters Production
Namibian Minerals Corporation's mining vessel MV Kovambo has resumed diamond production with its repaired NamSSol seabed mining tool on Namco's ML36A lease in Baker Bay, Namibia.
Afri-can Marine Appoints R.w. (dick) Foster as Resource Devel …
Afri-Can Marine Minerals appointed R.W. (Dick) Foster, a former De Beers geological manager, as resource development manager.
Afri-can Marine Minerals Corporation to Proceed with a Privat …
Afri-Can Marine Minerals will proceed with a private placement of up to $2.5-million to fund Namibia exploration and working capital.
Afri-can Marine Minerals Plans to Delineate Resources From It …
Afri-Can Marine Minerals has completed the design of a follow-up sampling program to delineate inferred and indicated resources on Namibia's block J marine diamond concession.
Namibian Minerals Corporation (namco) Announces First Quarter …
Namibian Minerals Corporation reported a first-quarter net loss of $7.95-million on revenue of $6,378,000 from diamond sales for the period ended March 31, 2002.
Namco: NASDAQ De-listing
Namibian Minerals (Namco) will be delisted from the Nasdaq National Market at the opening of business on May 24, 2002.
Four Namibian Regional Councils Acquire a Direct Interest in …
Afri-Can Marine Minerals agreed to let Ototinana Regional Marine Mineral Exploration Pty Ltd, owned by four Namibian regional councils, acquire a direct interest in the company.