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Canada’s Afri-Can diamonds considering JSE listing

BrightWire News | November 1, 2012 | 9:55 pm Africa Canada Diamond 

Canadian marine diamond miner Afri-Can Diamonds, which is listed on the Toronto Stock Exchange, is examining a potential listing on the Johannesburg Stock Exchange (JSE).

Afri-Can would launch a two-week sampling study on November 25 at its 800-square-kilometer concession nearby the Atlantic One Mining site, which is owned by Namdeb and the Government of Namibia.

Company CEO Pierre Leveille said that the sampling survey would allow Afri-Can to formally declare an official resource. After that, the company would start trial mining on a 10-square-kilometer area.

Afri-Can has scheduled the potential JSE listing for 1H 2013.

Source (English): Miningmx via BrightWire News.

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