LSE-listed Petra Diamonds is selling its exploration assets in Botswana, held through Sekaka Diamonds, to Aim-listed Botswana Diamonds (BOD) for $300 000 and a 5% royalty on future revenues. The exploration assets include the KX36 diamond discovery, along with two adjacent prospecting licences and a diamond processing plant.
Tag: DMCC
“KX36 is the most significant diamond discovery in Botswana since Orapa and Jwaneng,” says James Campbell, Managing Director of botswana Diamonds. The post Botswana Diamonds to acquire KX36 Diamond discovery appeared first on Miningreview.com.
Nominations for the Mining Elites in Africa 2021 publication, produced by Mining Review Africa are now open. Submit your nominations for the leaders and projects truly making a difference in the African mining sector. The post Mining Elites in Africa 2021: Nominations now open appeared first on Miningreview.com.
South Africa’s ‘historic dumps’ – mine dumps created prior to the promulgation of the Minerals and Petroleum Resources Development Act (MPRDA) which took effect in 2004 – do not appear to be regulated under the MPRDA, and the common law owners of such dumps do not require a right under
Maximizing diamond recovery while optimizing costs: this is the priority at the top of the list of every diamond producer. The post 98% recovery guaranteed for diamond miners appeared first on Miningreview.com.
The global diamond industry has been particularly hard hit by the coronavirus pandemic, which has wreaked havoc on the health, social fabric and economies of the world, laments World Federation of Diamond Bourses (WFDB) acting president Yoram Dvash. With its main markets spread from Asia to North America, he says
