AF Diamonds' AK6 to come on stream September

BSE-listed African Diamonds says development of its AK6 diamond mine is scheduled to start in September after completion of feasibility studies in the next two months.

In an interim results statement, Executive Chairman John Teeling says the company is at an advanced stage of completing financing to cover expenditure in 2010 and 2011.

"The pace of development at AK6 is accelerating," says Teeling. "The mine will come on stream in 2011 within the cost parameters that we have previously set.

Editor's Comment
Boko should stop the fighting and start the delivering

With his theme of 'Delivering on Our Promise, One Step at a Time', he sought to project an image of a focused, determined leader building a new ‘Rome’. Sadly, parts of his speech were not about laying bricks, but about settling old scores.It is deeply worrying that a head of government would use such a pivotal national address to launch another bitter broadside against the media and his political detractors. His portrayal of the...

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