Latest News

Wednesday - Dec 11, 2013 7:00
• Formal conclusion of the Lemphane Kimberlite bulk sampling and results
• Independent audit of the bulk sampling program complete
• Grades of up to 4.5 cpht and the main “southern” domain (comprising 65% of the pipe at surface) reporting an average grade of approximately 2.2 cpht
• Work to date complies with international standards for the reporting of exploration results (JORC, SAMREC, CIM)
• Recommendation for trial mining of at least one million tonnes as part of the overall development strategy
  Read more...
Tuesday - Dec 10, 2013 7:00
Paragon Diamonds announces an update on its tonnage estimates for the upper portion of the Lemphane Kimberlite in Lesotho.
• Receipt of initial geological model from AMEC
• 80% increase in the overall tonnage to 350 m depth
• 3d modelling of drill data increases kimberlite tonnage from 27.0 Mt to 48.6 Mt
• 15% increase in tonnage in the first 170 m depth

  Read more...
Monday - Nov 25, 2013 7:00
Paragon is pleased to announce a conditional subscription by all three of the Company’s executive directors for an aggregate of 1,000,000 new ordinary shares in the Company at a price of 5p per share (“Directors’ Subscription”) raising £50,000 for the Company.   Read more...
Wednesday - Nov 20, 2013 7:00
Friday - Nov 15, 2013 14:30
Paragon Diamonds Limited is pleased to announce that it has raised £3 million (before expenses) by way of a subscription (the “Subscription”) with an existing shareholder for a total of 60,000,000 new ordinary shares at 5p each (the "Subscription Shares").   Read more...
Monday - Nov 4, 2013 9:31
• Large licence area of 442 km² in Botswana;
• Located in the Tsabong Kimberlite Field, host to many world-class size kimberlites and a recent 200 ha “super-kimberlite” discovery;
• Positive kimberlite indicator mineral results including a diamond from previous results; and
• A number of as-yet untested magnetic anomalies.
  Read more...
Monday - Oct 21, 2013 13:40
Wednesday - Oct 16, 2013 7:00
• Valuation of Lemphane Kimberlite diamonds – individual stone values exceeding $2,400/ct
• Presence of high value stones and large average stone size
• Average value expected to increase as number of carats increases with Stage 1 production
  Read more...
Monday - Oct 14, 2013 7:00
Paragon Diamonds Limited, the African-focused diamond development company, is pleased to announce that it has been awarded a Mining Licence by the Lesotho Ministry of Mines for its 85% owned Lemphane Kimberlite project in Lesotho.   Read more...
Thursday - Sep 19, 2013 7:00
Paragon Diamonds Limited, the African-focused diamond development company, today announces its unaudited results for the six months ending 30 June 2013.

A copy of the report will be available on the Company’s website shortly – www.paragondiamonds.com
  Read more...
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