Botswana Diamonds (LON: FIGURE) has secured a mining permit for its Thorny River task in South Africa’s Limpopo district, leading the way for prospective manufacturing.
Situated near the diminished Marsfontein ruby mine, Thorny River has actually undertaken extensive geological exploration, consisting of geophysics, exploration, andbulk sampling The outcomes recommend geology and qualities equivalent to those at the past-producing Klipspringer mine to the west.
Botswana Diamonds previously operated the Marsfontein crushed rocks and discards task as a proof-of-concept test mine, accumulating a 15% profits aristocracy from the procedure. Dropping ruby costs and allowing hold-ups motivated the business to area Marsfontein on treatment and upkeep in October 2023.
With the brand-new mining authorization in hand, Botswana Diamonds is readied to begin specialist mining at Thorny River, subject to market problems. Must ruby costs recuperate, the business might likewise reboot procedures at Marsfontein while increase manufacturing at Thorny River.
Shares in Botswana Diamonds got on the information in very early London trading, yet dropped 2.6% to 0.13 p throughout the mid-day. This leaves the mine designer with a market capitalization of ₤ 1.5 million ($ 1.9 million).
发布者：Cecilia Jamasmie，转转请注明出处：https://robotalks.cn/botswana-diamonds-secures-thorny-river-mining-permit/
