NAD Namakwa DI.

TIDMNAD

RNS Number : 1826I

Namakwa Diamonds Limited

20 July 2012

20 July 2012

Namakwa Diamonds Limited (LSE: NAD)

("Namakwa Diamonds" or the "Company")

Storm Mountain Diamonds - Water Pipeline Completed

Further to the Company's Interim Management Statement of 3 July 2012, Namakwa Diamonds announces that construction and installation of the supplementary water pipeline, transfer reservoirs and intake and intermediate pump stations required to ensure adequate process water at the Kao Mine in Lesotho are complete and currently being commissioned. The construction of the 9.1 km line was fully funded by Namakwa Diamonds.

The scrubber has been repaired and transported back to site. It will be installed subject to plant requirements for the treatment of currently stockpiled ore and once inclement weather in Lesotho has cleared.

For further information please visit www.namakwadiamonds.comor contact:

 
 Namakwa Diamonds                   Tavistock Communications 
 Theo Botoulas    +27 11 334 8886   Simon Hudson     +44 20 7920 3150 
                                    Kelsey Traynor   +44 20 7920 3150 
 

About Namakwa Diamonds Limited

Namakwa is a diamond resource group, which seeks to extract maximum value from the marketing and sale of Group mined and contracted production.

The Group's mining activities are focused on the Kao Mine in Lesotho. Operated by Storm Mountain Diamonds and its leading hard-rock mining team, with a proven track record in the construction and development of Lesotho's leading kimberlite pipes, the Kao Mine presents a 189Mt kimberlite resource of c.12.8m carats (c.4m indicated and c.8.8m inferred), with an additional 1.7m carats at a deposit level of confidence, in which Namakwa holds a 62.5% interest. The other shareholders are the Government of Lesotho 25% and Kimberlite Investments Lesotho Limited 12.5%.

The Group also maintains alluvial mining operations in the North West Province of South Africa and resource-development properties in the Northern Cape Province of South Africa and the offshore marine environment of Namibia.

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This information is provided by RNS

The company news service from the London Stock Exchange

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