African Diamonds News
04-10-2010
Footsie enjoyed a brief incursion into positive territory in mid-afternoon trading, but was driven back into the red in line with weakness on Wall Street.
04-10-2010
Footsie threatened to move back into positive territory over the lunch time session but just fell short.
04-10-2010
Resource stocks remain a drag on the Footsie which ended the morning in arrears after a moderately firm start.
04-10-2010
African Diamonds (AFD) is backing an all-share bid from Canada's Lucara that values the AIM listed miner at C$82m (£51m), or 51p a share.
10-06-2010
Botswana focused African Diamonds says approval for the final AK6 feasibility studies is expected at the end of June and the mine remains on target to come on stream during the third quarter of 2011.
13-08-2010
Footsie closed a few points in the blue after struggling to find any real sense of direction amid a dearth of company news.
13-08-2010
In a largely torpid market insurance giant Aviva gave traders something to talk about over their Friday lunchtime pint when it was reported that its rival RSA Group made an approach last month to buy Aviva's general insurance operations.
13-08-2010
Footsie has turned lower having struggled to find any sense of direction this morning.
13-08-2010
Footsie is looking for direction on a quiet day on the company news front.
13-08-2010
Insurers are giving London's blue chips a boost in early dealings, while improving commodity prices are helping miners.
13-08-2010
London is seen up around 30 points Friday as improving commodity prices could help miners.
13-08-2010
The mystery of Thursday's sharp rise in the share price of African Diamonds has been resolved, with the company revealing it has received an unsolicited bid approach.
29-06-2010
Support services group Northern Bear stretched its strong run Tuesday after claiming a good start to the new financial year, with its order book and pipeline well up on a year ago.
06-04-2010
African Diamonds, the Botswana diamond company, has raised about £9.6m through the placing of 24.15m shares at 40p each.
23-02-2010
An independent valuation of rough diamonds from African Diamonds' AK6 diamond project shows average rough diamond revenue per carat of $162 - 16.5% higher than previously. African Diamonds' partner is Lucara Diamond Corp, which took on De Beers' 71% stake in AK6. A revised feasibility study is due for completion in May and this will include a revised plan for the processing plant in order to reduce mining costs.
11-11-2009
Strong metals prices are lifting mining stocks higher.
11-11-2009
African Diamonds has rallied again, helped by today's announcement that Canada's Lucara has bought De Beers' stake in the AK6 Botswana diamond project.
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