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.
Diamond Fields’ mv Namakwa prepares for diamond mining
Diamond Fields and Trans Hex's mv Namakwa left Cape Town for sea trials ahead of full-scale diamond mining offshore Luderitz, Namibia in early November.
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.
Deep-Sea Mining Pilot System Completes Successful Integrated Lake Trial
China's deep-sea mining pilot system completed a successful integrated lake trial, collecting 900 kg of simulated nodules at 130 metres.
Diamond verifies high-grade diamond concentrations
Trans Hex and Diamond Fields International's Namibian joint venture has recovered over 6,000 carats in three months, with individual trenches showing grades above five carats per square metre.
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.