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Namakwa Diamonds Targets 200000 Carats in 2012
Jan. 12, 2012 04:52PM PST
Gem InvestingMining Weekly reported Namakwa Diamonds (LSE:NAD) said it is ramping up production at its Kao min processing plant.
Mining Weekly reported Namakwa Diamonds (LSE:NAD) said it is ramping up production at its Kao min processing plant.
As quoted in the market news:
Following significant restructuring at its North West province alluvial operations, the mining division is now primarily focused on the Kao mine, which will start commercial production in the first quarter of 2012.
The miner expects to produce about 200 000 ct of diamonds in its current financial year.
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