Botswana Diamonds Share Discussion Threads

[lordz] 06/10/2017 14:12

If you look at BOD website on, media then events look at 12th June 2917 meeting. It's at the Tsodilo room in Gaborone in S.Africa. Strange.

[thecynical1] 06/10/2017 13:34

Missed that. Thanks.

[markfrankie] 06/10/2017 13:20

Lucara announced it a wee while back thecynical1, chapchip isn't it funny the circles we go through... our MS is at tsodilo

[lordz] 06/10/2017 13:07

Chapchip it's on Tsodilo website under investors.

[thecynical1] 06/10/2017 13:03

Chapchip. Where did you find that? Very interesting-do you have a link?

[chapchip] 06/10/2017 11:39

Lucara is an investor in Tsodilo and has first rights on buy out should the licence throw up something worth mining

[lordz] 06/10/2017 11:06

SADC forecasts mining boom by 2017Ngoni ChiutsiMonday, 18 September 2017Orapa mine ore of Debswana assets.Orapa mine ore of Debswana assets.Urges member states to upgrade their transport networksSeveral companies explore mineral assetsAn expert has urged Botswana to move with speed to upgrade her transport network and facilities as there are high chances of an increase in traffic volumes due to expected increase in mining activities in the next decade within the Southern African Development Community (SADC) region.Programme Manager & Technical Adviser for the Tripartite, Transport and Trade Facilitation Programme [TTTFP] in the SADC Secretariat's Infrastructure & Services Directorate, Lovemore Bingandadi, said the region should brace itself for an increase in traffic volumes.He said this is likely to be the case particularly in Botswana which has many mining projects in the pipeline and would need proper transport network to carry the mining materials. Bingandadi said although currently there is adequate transport infrastructure to carry some of the mineral output mined in Botswana when using Durban or Beira routes, by either road or rail, there is likely to be challenge if it is not upgraded in the coming ten years. He said they did a 15-year projection of up to year 2027 and envisioned that there is going to be a boom in economies leading to more activities in the transport business. "When the country starts fully exploiting a significant portion of the vast mineral particularly coal reserves that Botswana has, then under that scenario, we will start running out of capacity, especially port capacity in the region," said Bingandadi. Several companies are currently eyeing Botswana's mineral assets such as coal, diamonds and coal bed methane.Bingandadi said the countries are responding to those possible future challenges as the Walvis Bay and Durban ports are currently being upgraded. The official also added that Mozambique is also developing three more ports in addition to Maputo, Beira and Nakala."All this is in anticipation of the growth of traffic to the year 2027 and if those ports are expanded by the date, then we'll no longer feel that constraint," said the SADC expert. He said authorities always face a dilemma on whether to take a supply driven approach or demand driven approach when setting up transport network."Transport is a challenge in the sense that you have to make a decision to say 'do you wait for the demand to be created before you respond and provide the transport infrastructure or first construct it hoping that it will stimulate the mining sector to move into production.' "So that is the biggest challenge that any country faces when it comes to the provision of transport," he said. Bingadadi mentioned that when the Botswana government constructed the Trans Kalahari road it led to a dramatic increase in transport volumes. "When the Trans Kalahari road was constructed, the vehicle count was less than 20 per day and most people thought it was madness including the World Bank but years later we now have more traffic that now justifies the investment that was made to stimulate trade between Botswana and Namibia and even now South Africa is using that corridor to import and export its products," said Bingandadi.

[lordz] 06/10/2017 10:50

Looks like every diamond mining company is drilling at previous De Beers diamond sites with the latest technologies.

[lordz] 06/10/2017 09:44

If you you look at BOD licence area on their website and look at Tsodilo licence area they are very close. They could be on to something big in Orapa.

[lordz] 06/10/2017 09:37

Here you can see another mining company in the same region as BOD close to Lucara . I presume BOD is somewhere there . Good chance of finding diamonds.

[fenners66] 05/10/2017 15:40

There have been just 12 reported trades all day.
I suspect the MM's have more likely fallen asleep and are ignoring this than doing anything else.....zzzzzzzzzzz

[novicetrade68] 05/10/2017 15:10

Looks like Mms are trying to encourage sellers by droping the bid on a small sale, but you can still not buy quantity and sell at 2.15p if need be.

[fenners66] 05/10/2017 08:27

There is only love there , can't you feel it?
Love of using published actual information and not just speculation.

[chapchip] 05/10/2017 08:16

He is a serial clontarf hater.....

[lordz] 05/10/2017 02:55

A tiny tiny little bit of hope fenners66 come on.

[ein4] 04/10/2017 22:44

Let's hope it's at least 200,000 grand?

[fenners66] 04/10/2017 21:26

"may be a kimberlite pipe" - which also implies it may not be.

They are " targeting a maiden Inferred Resource by the end of the year."

That is 3 months away - but there historically are hold ups, so that jam tomorrow story could last past the half year report. That should keep you gamblers happy for some more months.

Burned through £440k of cash in the first half of year with no final June 2017 accounts produced yet (last year it took 4 and a half months to get preliminary accounts).

Still they seem to have raised another £1.3m since Dec 16 it would be nice to see how much of that is spent by now.

Looking At JT's remuneration and fees it was £65k in 2015 , but only £ 30k in 2016 - what will it be in 2017?

[lordz] 04/10/2017 20:17

De Beers to leave London headquarters after almost centuryAdminApril 28, 2016De Beers, the world's largest diamond company, is to leave its UK headquarters after almost a century, as parent company Anglo American trims costs.About 300 staff were told on Friday that they would be leaving 17 Charterhouse Street, from where De Beers once controlled the flow of diamonds around the world.The move ends an era that began in 1889 when Cecil Rhodes, the company's first chairman, began sending diamonds back from South Africa to a London syndicate of 10 merchants.Charterhouse Street became the centre of De Beers' empire – and therefore the global diamond trade – in the early 1930s.Anglo American will now seek a buyer for the building as part of a plan to offload $4bn in assets to reduce its debt.The mining company and its peers are wrestling with rock bottom commodity prices that have forced the industry to take drastic steps to mend strained balance sheets.Staff will move from the high-security building, near London's jewellery hub of Hatton Garden, to Anglo's headquarters at Carlton House Terrace on the fringes of St James's Park.Prospective buyers for 17 Charterhouse Street will be bidding for an address that boasts both history and a helipad. The Charterhouse Street building once housed De Beers' entire diamond operation, apart from its mines of course. But in recent years Anglo has moved its diamond-sorting operation and auction process nearer to the source of the stones, Botswana's capital, Gaborone.De Beers' slick marketing operation and other corporate functions remained at Charterhouse Street, but the loss of diamond sorting signalled the beginning of the end for the Charterhouse Street headquarters.It still boasts a helipad used by the Oppenheimer family, even though they sold their 40 percent stake in the company to Anglo for $5.1bn (£3.5bn) in 2011.De Beers controlled as much as 90 percent of the diamond market in the 1980s, processing stones through its Diamond Trading Company (DTC).The firm only allows authorised dealers known as "sightholders" to buy from the DTC, which once gave it such a tight grip on global supply that it was able to control prices.The company has since seen its market share decline to about 33 percent with the rise of Russian producer Alrosa, new discoveries not controlled by De Beers and moves by domestic miners in Australia to break away from the status quo.(HITC Business)Looks like Alrosa and BOD are in a excellent tie taking over De Beers . For which Teeling was once part of.

[lordz] 04/10/2017 19:55

The latest news relates to news out from 12th September 2017.

[novicetrade68] 04/10/2017 17:52

Getting better and better here!