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African Diamonds Articles

10/06/10

African Diamonds readies new drill campaign in Botswana

The group believes it is time to explore the AK8, AK9 and BK5 kimberlites while the feasibility study for its flagship AK6 looks set to be cleared by the board at the end of June.
20/05/10

African Diamonds’ AK6 poised to deliver the goods at last

…the South lobe contains a relative abundance of the rare Type IIa diamonds, which contain virtually no nitrogen, and can – like the Cullinan and Koh-i-noor diamonds - be large and extremely valuable
11/11/09

African Diamonds and Lundin backed Lucara to push AK6 ahead after De Beers exits

Ironically, AK6 is situated on ground once held by DeBeers prior to 2002, and it was through a DeBeers / African Diamonds joint-venture that the pipe was discovered in 2004.

Date	Director	Trans	Amount	Type	Price(p)	Value (£)	Holding	%
28/04/10	J.M. Finn	TAKE	500,000	ORD	40.00	200,000	3,295,820	3.28
28/04/10	D.J. Horgan	TAKE	500,000	ORD	40.00	200,000	3,295,720	3.28
28/04/10	J.J. Teeling	TAKE	1,500,000	ORD	40.00	600,000	4,045,820	4.03
06/04/10	J.M. Finn	TAKE	2,795,820	ORD	40.00	1,118,328	3,295,820	3.28
06/04/10	D.J. Horgan	TAKE	2,795,720	ORD	40.00	1,118,288	3,295,720	3.28

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