Edgehill Resources

Niël Terblanche Paragon Investment Holdings, through its subsidiary Edgehill Resources, has made an entrance into the offshore diamond mining sector. Partnering with Kenzoll Capital and other key stakeholders, Paragon is part of the joint venture behind the acquisition of the Adamastor, a state-of-the-art mining vessel set to operate in Hottentots Bay. This move positions Paragon as a new player in the lucrative offshore diamond industry, which is crucial to the country's economy. LK Mining’s representative, Lazarus Jacobs, has expressed optimism about the project’s potential, highlighting the favourable marine conditions and the high recovery rate of diamonds in the area. “The…