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Namakwa sees Lesotho mine adding sparkle to 2011
Oct. 28, 2010 11:00AM PST
Gem InvestingReuters.com reports that Namakwa Diamonds (LON:NAD) anticipates growth in the double digits when it’s Lesotho mine is fully operational in fiscal 2011.
Reuters.com reports that Namakwa Diamonds (LON:NAD) anticipates growth in the double digits when it’s Lesotho mine is fully operational in fiscal 2011.
The story is quoted as saying:
Diamond producers, who were hit hard during the global economic meltdown, have stepped up exploration for the gems in order to maintain output, encouraged by the demand rebound and resulting price rise.