Tag: #Botswana

Lucara Diamond will go underground at Karowe

Lucara Diamond will go underground at Karowe

Lucara Diamond corp (LUC.TO) released the outcome of the Preliminary Economic Assessment it completed on the underground portion of its Karowe diamond mine in Botswana. This PEA is the first ste before moving to a pre-feasibility study which is expected to be published in the second quarter of next year. […]

Giyani Metals continues to find high-grade manganese in Botswana

Giyani Metals (WDG.V) has released more assay results from the 80 samples it collected from its Kgwakgwe Hill project (which, for understandable reasons, is being abbreviated as ‘K. Hill’) in Botswana where it was targeting the manganiferous shale which has a currently known strike length of approximately half a kilometer. […]

Lucara Diamond Corp continues to surprise the world

Lucara Diamond Corp continues to surprise the world

Lucara Diamond (LUC.TO) was able to remove the bad after-taste after a relatively disappointing exceptional stone  tender which didn’t bring in quite as much cash as we had been hoping for. In just 48 hours, the company recovered no less than three exceptionally exceptional diamonds (yes, that’s a double exceptional). […]

Lucara’s Second half of the year will be better than the first

Lucara’s Second half of the year will be better than the first

Lucara Diamond (LUC.TO) has reported its earnings in May. We warned investors that the financial result in the first quarter of this year might be a bit disappointing, as there will be no revenue from exceptional stone tenders. We expected the free cash flow – if there would be any […]

Lucara Diamond continues to perform strong and should be trading higher

Lucara Diamond continues to perform strong and should be trading higher

Lucara Diamond Corp (LUC.TO) has had an excellent 2014 as it recorded $266M in revenue from the sale of in excess of 400,000 carats. In excess of half of the revenue was generated through so-called exceptional stones tenders which emphasizes the quality of the diamonds at the Karowe mine in […]

A-Cap Resources found more uranium mineralization in Botswana

A-Cap Resources found more uranium mineralization in Botswana

A-Cap Resources (ASX:ACB) has announced it has discovered more uranium in its infill drill holes which confirm the continuity of the mineralized layers at its Lethakane uranium project in Botswana. This 2,800 meter infill drill program was aiming to increase the confidence in the geological structure of the shallow mineralized […]

Tsodilo Resources’ next few weeks will be important

Tsodilo Resources’ next few weeks will be important

As we said before, Tsodilo Resources (TSD.V) has stopped drilling on the Block 1 part of its Xaudum iron ore project tenements, and all drill holes have now been shipped to the lab for analysis. This should result in a maiden NI43-101 compliant resource estimate by the end of July. […]