Who we are
African Diamonds plc is incorporated in England. The Company was established to develop diamond mines in Botswana and West Africa. The target is to have a producing mine within three years. Having a balanced portfolio of projects will help reach the objective. The current portfolio of the Company consists of:
- JV in Botswana with Lucara to fast track the development of our licences to our goal of large gem stone quality diamond mine;
- late stage exploration projects which are known to contain diamonds or diamond indicator minerals; and
- early stage high potential concessions, both alluvial and hardrock.
Corporate History
- The company came into existence in 2000 as Zinquest plc, an unlisted UK plc set-up to explore and exploit mineral reserves. In Febuary 2002 it changed its name to African Diamonds plc.
- June 2002 - African Diamonds acquired Grampian Resources which holds two licenses to explore Guinea, and subsequently obtained an exploration license in its own name for the same region.
- July 2002 - African Diamonds acquired Kukama, which holds three licenses in Botswana.
- August 2002 - African Diamonds acquired from a local Sierra Leone company three highly prospective licences in Sierra Leone
- 14th July 2003 - African Diamonds successfully lists on the Alternative Investment Market (AIM).
- 15th December 2003 - First diamond found in Botswana.
- 1st March 2004 - Awarded mining licence in SL to diamondiferous tailing of old Plant 11 in Sierra Leone.
- 26th February - Became the first Diamond Exploration company to listed on the Botswana Stock Exchange
- April 2004 - Entered in a JV with De Beers to explore and develop African Diamonds Botswana kimberlites and licences.
- Dec 2004 - Discovery of kimberlite pipe AK6 in Orapa Botswana.
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