MINING EXPLORATION
Botswana Diamonds hunts for gems at five sites
Botswana Diamonds is working hard on three exploration projects in SA and two in Botswana, while carefully assessing bolt-on diamond projects in both countries and further afield. Botswana Diamonds, which is listed on London’s Alternative Investment Market and the Botswana bourse, combines two of the industry’s most experienced veterans, James Campbell and John Teeling. Campbell, who spent decades at De Beers, largely in exploration, is the CEO of the exploration company, which has signed a memorandum of understanding to enter Zimbabwe to explore for diamonds. Teeling chaired African Diamonds, which worked closely with De Beers on a big diamond deposit in Botswana. Campbell was also at one time CEO of African Diamonds. Botswana Diamonds’ strategy was to hunt for kimberlites in areas where they had been found and mined before, but the company was more than willing to assess operating or suspended mining operations provided there’s an economic argument to be made for them, Campbell sa...
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