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NAD Namakwa DI.

1.125
0.00 (0.00%)
31 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Namakwa DI. LSE:NAD London Ordinary Share BMG638411113 ORD USD0.000625 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.125 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Namakwa Diamonds Limited Posting of Annual Report & Accounts (1964T)

11/12/2012 7:00am

UK Regulatory


Namakwa Diamonds (LSE:NAD)
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TIDMNAD

RNS Number : 1964T

Namakwa Diamonds Limited

11 December 2012

11 December 2012

Namakwa Diamonds Limited (AIM: NAD)

("Namakwa Diamonds" or the "Company")

Posting of Annual Report and Accounts

The Annual Report and Accounts for the year ended 31 August 2012, was posted to shareholders yesterday. Electronic copies of the documents can be obtained from the Company's website and hard copies are available from Tavistock Communications.

For further information please visit www.namakwadiamonds.com or contact:

 
 Namakwa Diamonds                     Shore Capital 
                        +27 11 334                   +44 20 7408 
 Theo Botoulas           8886         Pascal Keane    4090 
 
 Tavistock Communications 
 Simon Hudson/Kelsey    +44 20 7920 
  Traynor                3150 
 

About Namakwa Diamonds Limited

Namakwa is a diamond resource group, which seeks to extract maximum value from the marketing and sale of Group mined and contracted production.

The Group's mining activities are focused on the Kao mine in Lesotho. Operated by Storm Mountain Diamonds, the Kao Main Pipe Complex represents a resource endowment of c.183Mt of kimberlite ore containing c.11.6M carats ("cts") (3.3Mcts Indicated and 8.3Mcts at Inferred levels of confidence), with an additional c.1.7Mcts at a Deposit level of confidence, in which Namakwa holds a 62.5% interest. The other shareholders are the Government of Lesotho (25%) and Kimberlite Investments Lesotho Limited (12.5%).

The Group also maintains alluvial mining operations in the North West Province of South Africa and resource-development and exploration assets in the Northern Cape Province of South Africa and in the offshore marine environment of Namibia. These combined resources add a further c.6.9Mcts at Indicated and Inferred levels of confidence to the Group's Global Resource Inventory which stands at 18, 535, 700 carats as at 31 August 2012.

Namakwa is listed on the AIM market of the London Stock Exchange under the ticker symbol NAD.

-ends-

This information is provided by RNS

The company news service from the London Stock Exchange

END

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