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African Diamonds explores and develops diamonds from operations in Botswana and Congo. Its focus is the AK6 diamond project jointly owned with De Beers, though Canadian company Lucara Diamond agreed in 2009 to buy out the industry giant. African Diamonds owns 28% of the AK6 project, which will reach the development stage in 2010 and is projected to commence production the following year. (The company also has an option to increase that stake to 40%.) Additionally, the company owns stakes in projects elsewhere in Botswana and the Democratic Republic of Congo. It has...
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1 African Diamonds Salary
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