Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBotswana Diam Share News (BOD)

Share Price Information for Botswana Diam (BOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.375
Bid: 0.35
Ask: 0.40
Change: 0.00 (0.00%)
Spread: 0.05 (14.286%)
Open: 0.375
High: 0.375
Low: 0.375
Prev. Close: 0.375
BOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Botswana Diamonds starts drilling at Kalahari Desert mine

Thu, 20th Oct 2016 12:29

(ShareCast News) - AIM-listed explorer Botswana Diamonds has started a drill programme at its mine in the Kalahari Desert and is "cautiously optimistic" of finding kimberlites. The company has started a first phase four dole drill programme on the PL135 licence in the Gope region of the Kalahari Desert for kimberlites, which is part of joint venture with Alrosa, a Russian diamond producer.Chairman John Teeling said: "The Gope drill campaign is breaking new ground in one of the most remote deserts on Earth. There are no people, even water must be transported long distances and the sand is deep. Temperatures can differ by 50 Celsius between day and night."No mining companies have ventured here before to undertake drilling programmes. And yet the preliminary geochemical and geophysical indicators are strongly positive. We are at the cutting edge of diamond exploration and are cautiously optimistic of finding kimberlites."It was selected in separate studies by the company's and Alrosa's geologists for significant potential and it has not been previously drilled.Intensive soil sampling and electromagnetic studies found anomalies in the geology with the core to be analysed by Alrosa mineralogists with results expected in twelve weeks , with further evaluation and analysis, if needed, in St. Petersburg.On Tuesday, the company said it had started drilling on the kimberlite pipe AK22 on its PL260 licence in the Orpa area, again a joint venture with Alrosa.Shares in Botswana Diamonds were up 12.28% to 1.60p at 1035 BST.
More News
12 Jan 2022 10:10

Botswana Diamonds shares rally on Thorny River kimberlite volumes

Botswana Diamonds shares rally on Thorny River kimberlite volumes

Read more
6 Dec 2021 19:05

EARNINGS UPDATES: Incanthera and Botswana Diamonds losses widen

EARNINGS UPDATES: Incanthera and Botswana Diamonds losses widen

Read more
25 Oct 2021 11:33

IN BRIEF: Botswana Diamonds raises GBP550,000 for projects development

IN BRIEF: Botswana Diamonds raises GBP550,000 for projects development

Read more
25 Oct 2021 09:58

Botswana Diamonds raising £0.55m to fund current exploration

(Sharecast News) - Botswana Diamonds announced a company-arranged placing with existing and new investors to raise £0.55m on Monday, to fund current exploration activities in Botswana and South Africa.

Read more
4 Oct 2021 22:00

TRADING UPDATES: Bacanora not worried of Mexico changes; Helios buys

TRADING UPDATES: Bacanora not worried of Mexico changes; Helios buys

Read more
4 Oct 2021 12:53

Botswana Diamonds renews two Sunland prospecting licences

(Sharecast News) - Botswana Diamonds said on Monday that prospecting licences 232 and 235 of 2015, owned by its wholly-owned subsidiary Sunland Minerals, had recently been renewed.

Read more
29 Sep 2021 16:50

IN BRIEF: Botswana Diamonds to fully acquire control over Thorny River

IN BRIEF: Botswana Diamonds to fully acquire control over Thorny River

Read more
29 Sep 2021 13:20

Botswana Diamonds buys third-party interests in Vutomi

(Sharecast News) - Botswana Diamonds announced on Wednesday that, following outside interest in acquiring its South African associate company Vutomi Mining, it had exercised its pre-emptive right to acquire the outstanding third-party interests in Vutomi and Razorbill Properties.

Read more
21 Sep 2021 16:05

Botswana Diamonds completes drilling programme at Thorny River

(Sharecast News) - Botswana Diamonds said on Tuesday that it has successfully completed its nine-hole drilling programme on the Thorny River property in South Africa.

Read more
21 Sep 2021 11:50

Botswana Diamonds finds thickest intersection yet at Thorny River

Botswana Diamonds finds thickest intersection yet at Thorny River

Read more
21 Sep 2021 11:27

AIM WINNERS & LOSERS: Real Good Food sinks on delisting fears

AIM WINNERS & LOSERS: Real Good Food sinks on delisting fears

Read more
1 Sep 2021 13:35

IN BRIEF: Botswana Diamonds starts drilling at Thorny River

IN BRIEF: Botswana Diamonds starts drilling at Thorny River

Read more
1 Sep 2021 11:08

Botswana Diamonds begins drilling at Thorny River

(Sharecast News) - Botswana Diamonds announced on Wednesday that drilling has begun on its Thorny River project in South Africa.

Read more
23 Aug 2021 12:32

Botswana Diamonds and Vast Resources joint venture buys Ghaghoo mine

Botswana Diamonds and Vast Resources joint venture buys Ghaghoo mine

Read more
10 Aug 2021 19:24

TRADING UPDATES: Barkby expects revenue growth; Beeks trading in line

TRADING UPDATES: Barkby expects revenue growth; Beeks trading in line

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.