African Diamonds lifts stake in Botswana project to 40%

Aim-listed African Diamonds increased its stake in the AK6 diamond project in Botswana to 40%, from its initial 29%. The company purchased the additional stake from Lucara Diamond and Wati Ventures for $8-million. Lucra Diamond owns the...

AK6 diamond project, Botswana

The project involves the construction of a two-million-ton-a-year mine, scalable to four-million tons.

Mining in Africa projects

An overview of some of the main mining projects in Africa.

AK06 diamond project, Botswana

The AK06 diamond prospect is expected to produce an estimated 600 000 ct/y in the first three years of production.

AK6 diamond prospect, Botswana

The proposed AK6 diamond prospect could be developed into a one-million carats a year mine, when in full production.

De Beers expects Botswana to grant AK6 licence soon

Leading diamond producer De Beers chairperson Nicky Oppenheimer said on Tuesday that the firm anticipated that it would receive the mining right for the AK6 project, in Botswana, in the near future. In an interview with Mining Weekly Online in...

Mining industry booming in Botswana

Botswana has experienced a serious resurgance of mining activity in the country over the last couple of years. More discoveries are announced almost every month.

AK6 diamond prospect, Orapa region, Botswana

The AK6 diamond project could produce about one-million carats a year when in full production.

De Beers, African Diamonds could start producing from Botswana mine by end-2009

Diamond producers De Beers and African Diamonds might build a one-million-ton-a-year diamond mine in Botswana, the companies' joint venture firm, Boteti Exploration, said on Monday.

AK6 diamond discovery, Botswana

Current studies at AK6 assume an opencast mine down to 400 m, operating at about four-million tons a year to recover 48-million tons of ore, containing over 11-million carats of diamonds.

AK6 diamond discovery, Botswana

The Boteti joint venture was formed in 2004 between African Diamonds and De Beers, to explore over 3 000 km of highly prospective ground in the Orapa province, in Botswana.

AK6 diamond discovery

African Diamonds has targeted the middle of 2008 to begin diamond production from its 'AK6' discovery, a prospect with enough diamonds to produce 1,5-million carats a year for 15 years.