Namakwa Diamonds Says It Could Face Court Proceedings Over Lesotho Project

Namakwa Diamonds Ltd. (NAD) said a mining contractor with whom it previously held talks on a potential interest in its Kao kimberlite project may seek to start court proceedings against the company and the government of Lesotho

Any claim would be “without merit,” Namakwa said, adding that it intends to contest any claim.

To contact the reporter on this story: Amanda Jordan in London at ajordan11@bloomberg.net

To contact the editor responsible for this story: Amanda Jordan at ajordan11@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.