Namakwa Diamonds sells diamond operations in Congo for US$6.25 million
Namakwa Diamonds sold its mining and exploration operations for US$6.25 million to Hall Farm Avenue Limited, the corporate vehicle of a management
team lead by the Company’s DRC Country Manager, James Tregenza.
Payment will be settled over a 5-year period, with a minimum payment of US$1.25m required in each year during this period.