logo-loader
viewBotswana Diamonds PLC

Botswana Diamonds PLC hails partner exploration technology

John Teeling, chairman of Botswana Diamonds PLC (LON:BOD), says he is very impressed with the technical expertise of Russian partner Alrosa  (MCX:ALRS) as they embark on a 16-week diamond exploration and evaluation project in Botswana.

The Kalahari Desert covers 93% of Botswana and Teeling tells Proactive about the challenges of the sand and basalt rock overburden of the prospect.  Alrosa’s technology was developed in the Siberian tundra and Teeling emphasises that the Russian company believes “explicitly  that they can see through 85 or 100 metres of overburden to see what’s beneath and that’s what’s needed in Botswana.”

Quick facts: Botswana Diamonds PLC

Price: 0.55 GBX

AIM:BOD
Market: AIM
Market Cap: £3.68 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Primary Health Properties 'in robust shape' and playing its part in fight...

Primary Health Properties PLC's  (LON:PHP) Harry Hyman and Richard Howell tell Proactive London's Andrew Scott they're working with health authorities to utilise its properties better during the current coronavirus crisis. They add that all of its rents are effectively guaranteed by the...

15 hours, 46 minutes ago

2 min read