Kopane Diamond Developments PLC (Kopane) is involved in diamond exploration and production in the Kingdom of Lesotho. It is also engaged in diamond exploration and development in Finland. The Company�s subsidiaries include MineGem Inc, Liqhobong Mining Development Co. (Proprietary) Limited and Maluti Diamonds (Proprietary) Limited. In January 2008, the Company entered into a joint venture agreement (JVA) with Mantle Diamonds Limited (Mantle) to operate, finance and develop the Company�s Finnish assets. Under the JVA, Mantle subscribed for 17% of the issued share capital of European Diamonds Limited (EDL).