Pangolin Diamonds Corp. has announced the first results from the initial drilling program at its Tsabong North Project in Botswana.Independent lab analysis by Kelowna, B.C.-based CF Mineral Laboratories Inc. returned a significant number of high pressure garnets associated with the diamond stability field (the area of the Earth’s mantle with the heat and pressure required to produce diamonds). “This confirms a high exploration potential for new diamondiferous kimberlite pipes in the Project area. Microprobe analysis of a 568.5 gram core sample produced 45 confirmed, mantle-derived indicator garnets,” Pangolin Diamonds noted. It said the diamond drill core barrel used is a…
Author: Editor
Diamond Trading Company Botswana celebrated the launch of the 3rd Shining Light Awards collection under the theme, ‘Women of Africa – Your Light Shines’. The event was held at the Gaborone International Convention Centre on 21 March 2013 and in addition to unveiling the Botswana collection, it featured jewellery pieces from Namibia. The event showcased eight pieces of spectacular diamond jewellery from the seven finalists following the 2012-2013 design competition. The collection boasts a total of over 14, 000 cut diamonds with a combined wholesale value of over US$ 1 million. ‘With their participation in the Shining Light…
Discovery Metals Limited says its existing lenders have formally consented to a series of amendments to the company’s Project Finance and Corporate Revolver facilities, including extensions to repayment schedules and waivers on debt covenants. The company says in a statement to shareholders that the amendment package agreed with the company’s lenders cures all technical breaches of the company’s financing facilities reported in the financial report for the half year ended 31 December 2012, and demonstrates the ongoing commitment of the Company’s lenders to the Boseto Copper Project. “Specifically, the amendment package achieves a significant improvement in working capital…
The De Beers Group of Companies has announced the addition of five new Sightholders for the remainder of the 2012-2015 Supplier of Choice (SoC) contract period. De Beers’ modified SoCre-planning process, announced in 2011, enables businesses that demonstrated sufficient demand through De Beers’ Auction Sales in 2012, to qualify for term contract supply and Sightholder status. Sightholder status is subject to De Beers’ forecast rough diamond availability and the eligible applicant’s submission of a Contract Proposal Questionnaire (CPQ) as part of the 2013 ITO re-planning process. Each applicant for a SoC contract under the 2013 ITO re-planning process has been…
Debswana Managing Director, Jim Gowans, has urged Kgatleng Region educators to continuously motivate learners in order to sustain a culture of academic excellence in schools. Gowans, who was speaking at the Ministry of Education and Skills Development – Kgatleng Regional Excellence Awards Ceremony held at Phaphane Primary school in Mochudi recently said it is also important for both teaching and non-teaching staff to be inspired so as to maintain high productive levels in order to complement government’s concerted efforts at improving education. The Kgatleng Excellence Awards were held under the theme; “Inspired, excelling students and staff: the key to…
Botswana Diamonds has entered into an option agreement with a Mozambican company, Morminas, a subsidiary of EIP Group of Portugal to evaluate two licence blocks on the Save River in Mozambique, close to the Zimbabwean border. Morminas holds a 100 per cent interest in both blocks. The Save River runs south-eastwards and drains an area of Zimbabwe which contains the Marange diamond fields. The Marange diamond fields are expected to produce 16.9 million carats in 2013. Botswana Diamonds objective is to explore the potential for alluvial and eluvial depositswhich may have washed down from Marange. The agreement stipulates a six-month…
Discovery Metals Limited has reported its exploration results from the NE Mango 2 Prospect. The NE Mango 2 is within the company’s 100% owned prospecting licences in the Kalahari Copperbelt in north-west Botswana and is located approximately 30 kilometres from the Boseto concentrator. The company said a new drill hole beneath the Inferred Mineral Resources at the NE Mango 2 deposit confirms continuity of copper-silver mineralisation to at least 575 metres vertical depth. The diamond core drill hole results are MGDD3324 –8.5 m @ 1.5% Cu & 19 g/t Ag including 3.1 m @ 3.0% Cu and 47 g/t Ag.…
The Botswana National Productivity Centre (BNPC) held the 2013 biennial Customer Service Convention at the Gaborone International Convention Centre (GICC) on Tuesday19 March 2013. The theme of the Convention, targeting executives and other leaders in critical sectors of the economy, is “Strategising Your Win: Creating a Signature Customer Experience”. This is not a talk-shop but a working occasion where all delegates will actively create a signature customer experience for their respective organisations. The Key facilitator, Dr Buck Tang from the Service Quality Centre (Singapore), is a specialist in Customer Service Experience, Leadership and Management. One of the key objectives of…
Galane Gold Ltd. has released the results of the 2013 mineral resource update at the company’s Mupane Property, located on the Tati greenstone belt in North Eastern Botswana. According to the company, the total measured and indicated mineral resource is 508,400 ounces of gold and the total inferred mineral resource is 261,100 ounces of gold. This is the first mineral resource update for the Mupane Property since the completion of the Company’s technical report dated May 10, 2011 (the “2011 Technical Report”). The measured and indicated gold resource at the Mupane Property, excluding the Mupane Slimes Dump, has increased by…
Lucara Diamond Corp. has announced the recovery of a 239.2 carat diamond from its Karowe Mine in Botswana. In addition to the recovery of this exceptional gem, two more large stones weighing 124.0 carats and 71.1 carats have also been recovered. The diamonds were recovered from the central kimberlite domain which has only recently become ore feed to the plant as the pit expands towards the south. The diamonds will be sent to Antwerp to be studied prior to being sold later in the year. William Lamb, President and CEO said the recovery of these large stones is hugely significant…