Latest News

Friday - Nov 19, 2010 7:05
Paragon has appointed Stephen Carl Grimmer (aged 49) to the Board as Managing Director with immediate effect. Stephen is a highly experienced diamond exploration and mining professional with over 22 years of practical experience working extensively in Africa. Following a PhD in kimberlite-related mantle processes at Keele University (UK) and a post-doctorate research post at Pretoria University, South Africa, Stephen joined private diamond miner RST in Angola in 1988 as an Exploration Geologist, advancing to Chief Geologist and Development Manager, where he was co-responsible for over 3M carats of alluvial diamond production from 1989-92.   Read more...
Wednesday - Nov 10, 2010 13:44
Paragon Diamonds Limited, the African focused diamond development and production company today announces that it has entered into a Heads of Agreement ("HoA"), with a view to forming a JV with International Diamond Consultants Limited ("IDC"), in respect of its 85% owned subsidiary Meso Diamond (Pty) Limited ("Meso"). IDC is a private British Virgin Islands registered company focussed on evaluating and developing diamond projects in sub Saharan Africa.   Read more...
Monday - Nov 1, 2010 8:00
Paragon Diamonds (TIDM "PRG") today announces that it has been admitted to AIM and placed 18,985,000 new Ordinary Shares at 20p raising £3.797 million for the Company and £3.182 million after expenses. The shares will begin trading on AIM at 08:00 Monday 1st November 2010 and, at the Placing Price on Admission, the Company will have a market capitalisation of £21.36 million. ZAI Corporate Finance is acting as nominated adviser and broker.   Read more...
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