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Rough diamonds
Alrosa Exits Botswana Exploration Project
Alrosa has sold its 50% stake in the Sunland Mineralsexploration project in Botswana, according to its former joint-venture partner. Botswana Diamonds bought the Russian miner out for a“nominal sum” and now owns the...
Mining Nov 18, 2018 Rapaport News
Marange mine
Vast Resources Explores Potential Marange Asset
Mining company Vast Resources gained access to a section of Zimbabwe’s Marange fields with a view to developing joint operations there with a local community group.The miner reached an agreement with Red Mercury, a subsidiary of the Marange-Zimunya Community...
Mining Aug 26, 2018 Rapaport News
Botswana 150
Botswana Diamonds Faces Asset Challenge
A South African company is claiming rights to portions of Botswana Diamonds’ Mooikloof project. “Despite [Botswana Diamonds associate Vutomi] obtaining afully notarized and registered prospecting right on Mooikloof from the SouthAfrican Department of Mineral Resources [DMR],...
Mining Aug 01, 2018 Rapaport News
Botswana 150
Botswana Diamonds’ Kimberlite Find Unviable
Botswana Diamonds will not continue exploration of the Ontevredenpipe in South Africa, after discovering it was smaller than previouslyexpected, it said Wednesday. “Modern mineral exploration technology is not a magic bullet,”said chairman John Teeling. “Modern geophysics...
Mining Jun 06, 2018 Rapaport News
Botswana Diamonds Vutomi
Explorer Looks to Revive Historic Diamond Area
Botswana Diamonds has discovered a potential spot fordiamond mining in an area of South Africa that it claims was an importantregion for the sector in the 19th century.A number of diamond mines existed in the Free State Projectarea prior...
Mining Oct 30, 2017 Rapaport News
Botswana Diamonds Vutomi
Botswana Diamonds Finds Promising Kimberlite
Botswana Diamonds’ share price jumped 15% Friday after thecompany gave a positive report of the potential quality of a kimberlite pipe atits exploration project in South Africa.The rock at Ontevreden, South Africa, displayscharacteristics typically present in high-grade...
Mining Oct 02, 2017 Rapaport News
John Teeling Botswana Diamonds
Botswana Diamonds Funds South Africa Project
Botswana Diamonds has agreed to fund an exploration projectin South Africa in return for a 72 percent stake in mine developer Vutomi.As part of the deal, Botswana Diamonds will pay Vutomi atotal of $1.2 million (GBP 942,000) in cash,...
Mining Feb 06, 2017 Rapaport News
Botswana Diamonds
Botswana Diamonds Identifies Potential for New Kimberlites on PL 117
Botswana Diamonds completed its initial fieldwork on the PL 117 license, a 2.9-square-kilometer area in the Orapa region of Botswana. The explorer's joint-venture partner, ALROSA, identified PL 117 as a high-priority target and as expected, initial results scoped out...
Mining Apr 30, 2014 Jeff Miller
Gope, Botswana
Botswana Diamonds Improves Cash Position in 1H
Botswana Diamonds reported a loss of about $430,000 (GBP 282,000) for the six months that ended on December 31, a gain of 23 percent year-on-year, and no revenue for the period. However, the junior explorer nearly doubled...
Mining Mar 25, 2013 Jeff Miller
Botswana Diamonds
Botswana Diamonds Recovers More Diamonds in Cameroon
Botswana Diamonds has recovered two additional diamonds from its on-going sampling program at the Libongo palaeoplacer project in Cameroon. The company recovered a 0.25-carat near gem-quality stone and a 1.30-carat industrial-quality diamond. Botswana Diamonds,...
Mining Sep 12, 2012 Dilipp S Nag
Botswana Diamonds
Botswana Diamonds Recovers First Diamond in Cameroon
Botswana Diamonds recovered a 2-carat, low-value, near-gem-quality diamond from its sampling program at the Libongo project in Cameroon. “Our exploration in Cameroon is justified. We found a diamond in the palaeoplacer conglomerate,” said John Teeling, the chairman of Botswana...
Mining Jul 25, 2012 Dilipp S Nag
Botswana Diamonds
Botswana Diamond Raises $2M
Botswana Diamonds announced that it raised $2.38 million (£1.51 million) through a placement of 37,750,000 shares in London at 4 pence each. The majority of the net proceeds will be used for the company’s exploration projects in Botswana, Cameroon...
Financial-Legal Feb 17, 2012 Ricci Dipshan
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