Saturday, 26 July 2008

DiamonEx Limited

DiamonEx Limited, the emerging diamond producer in Botswana, has finished work at its new Lerala Diamond Mine Processing Plant. As such it is now preparing for its first diamond sale, planned for the end of August.

Under DiamonEx's mining lease covenants with the Botswana Government, DiamonEx must offer its diamonds to Botswana registered cutters and polishers. That said, simultaneous with its Botswana offering, it is allowed to offer its goods for sale internationally. Let's hope it lives upto expectations.

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