Botswana Diamonds to Begin Production This Year

By Rapaport News / March 26, 2019 / www.diamonds.net / Article Link

RAPAPORT... Botswana Diamonds will begin bulk sampling and diamondproduction from its Thorny River project in South Africa in May. It will then ramp up output to 20,000 tonnes a month, thecompany said Monday. The kimberlite ore will be processed at a nearby plant,which is currently being refurbished. In the six months ending December 31, the miner reported aloss of GBP 190,000 ($251,347). It has yet to post any revenue. Botswana Diamonds has a joint venture with Vast Diamonds inthe Heritage Concession portion of the Marange Diamond Fields in Zimbabwe,which is currently undergoing a study. It also holds 100% equity in Sunland Minerals in Botswana, afterbuying Russia-based miner Alrosa's stake for a nominal sum. Image: The Thorny River project. (Botswana Diamonds)

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