Africa Mining: Botswana Diamonds seeks £370 000 for exploration activities

Africa Mining: Botswana Diamonds seeks £370 000 for exploration activities

Botswana Diamonds has undertaken a share placing with existing and new investors to raise £370 000 through the issue of just over 67.2-million new ordinary shares at a placing price of 0.55p a placing share.

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Africa Mining: Botswana Diamonds with exclusive access to Zimbabwe concession

Africa Mining: Botswana Diamonds with exclusive access to Zimbabwe concession

Shares in Botswana Diamonds (LON:BOD) climbed almost 16% on Thursday after it revealed that Vast Resource (LON:VAST), with which it has signed a memorandum of understanding to develop diamond resources in Zimbabwe, had been awarded exclusive access to a diamond concession in the African nation’s Marange Fields area.

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Africa Mining: Botswana Diamonds soars on promising kimberlite find

  Shares in London-listed Botswana Diamonds (LON:BOD) received a fresh shot in the arm on Friday after the miner said that sampling work at its Ontevreden licence in South Africa seems to prove the presence of high-grade kimberlite pipes.

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