Afri-Can completes Namibian block J sampling layout
Afri-Can Marine Minerals has completed the reconnaissance sampling layout for its block J marine diamond concession off Namibia.
Namibian Minerals satisfies TSE listing requirements
The Toronto Stock Exchange completed its review of Namibian Minerals. It determined the company meets continued listing requirements.
Namibian’s lenders to extend repayment moratorium
Namibian Minerals' four senior lenders extended the company's capital repayment moratorium by one month to Oct. 31, 2001, as debt rescheduling talks continue.
Namibian, insurers settle seabed crawler claim
Namibian Minerals settled a $9-million business-interruption insurance claim tied to the January accident that damaged its NamSSol seabed crawler mining system.
Afri-Can increases interest in Namibian property
Afri-Can Marine Minerals raised its interest in Namibia's Block J licence to 40 per cent after Woduna Mining Holding accepted shares instead of cash.
Afri-Can releases good results at Namibian licence area
Afri-Can Marine Minerals reported positive geophysical survey results identifying 17 prospective diamond-bearing features across Block J, north of Luderitz, Namibia.
Namibian loses $12.9-million (U.S.) in second quarter
Namibian Minerals reported a second-quarter 2001 net loss of $12.9-million (U.S.), or 17 cents per share, as operations recovered from the NamSSol accident and provisional liquidation.
Afri-Can Marine receives approval to close financing
Afri-Can Marine Minerals received regulatory approval to close a $296,490 private placement of 1,411,857 units to fund diamond exploration sampling programs.
Afri-Can receives Block B licence area results
Afri-Can Marine Minerals received positive geophysical survey results identifying 17 diamond-bearing sites across six areas in Block B, north of Luderitz, Namibia.
Afri-Can Marine receives approval to close financings
Afri-Can Marine Minerals received regulatory approval to close private placements totalling $1,555,630, with a further $296,490 placement still pending approval.