Namibian Resources plc

We are an AIM-listed alluvial diamond mining company with a contract to mine diamonds on behalf of NAMDEB (a Namibian Government and De Beers joint venture). Our concession comprises the Sperrgebiet (restricted area) in the Luderitz district of Namibia.

In March 2004 the company raised £2 million when it listed on AIM. This capital was used to re-equip the mine with modern equipment. This has enabled us to considerably increase production and re-process old mining areas where primitive mining methods of the early 1900's has left a considerable amount of un-mined material and dumps of processed material which still contain econimically mineable diamond resources.