Botswana Diamonds posts loss; sees production kicking off in mid-2019

Writer,

Botswana Diamonds posted a first-half pre-tax loss of £190k as it worked towards becoming a diamond producer by mid-2019.

The losses for the six months through December compared to a £178k loss on-year.

Bulk sampling at the company's Thorny River project in South Africa was expected to commence in May.

At 2:21pm: (LON:BOD) Botswana Diamonds PLC share price was 0p at 0.78p


Related content

Botswana Diamonds losses widen on writedown of exploration assets

Botswana Diamonds reported wider losses as costs jumped amid a writedown of exploration assets after some licences held in its subsidiary Sunland Minerals were relinquished....

Fri, 15/11/2019 - 10:04


Botswana Diamonds recovers first gems from Marsfontein mining permit

Botswana Diamonds said the first diamonds had been recovered from plant commissioning activities on the Marsfontein mining permit in South Africa.

The gems came from...

Tue, 12/11/2019 - 13:05


Botswana Diamonds' associate Vutomi Mining granted permit for Marsfontein mine

Botswana Diamonds said its associate Vutomi Mining had been granted a mining permit for the Marsfontein mine.

Vutomi had partnered with Eurafrican Diamond Corporation...

Mon, 28/10/2019 - 09:54


Botswana Diamonds identifies drilling targets at Thorny River play in South Africa

Botswana Diamonds said it had identified what it believed to be kimberlite pipes, buried at shallow depth, at its Thorny River project in South Africa....

Mon, 02/09/2019 - 14:02


Botswana Diamonds says pair of licences covering Kalahari Desert renewed for further two years

Botswana Diamonds said a pair of exploration licences held by the company's subsidiary Sunland Minerals had been renewed for an additional two years to 30...

Thu, 22/08/2019 - 09:20