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21/08/2024 06:54Junior miner Botswana Diamonds (BOD) intends to start using AI, technology developed in collaboration with International Geoscience Services Limited to enhance its exploration activities in Botswana to identify mineral deposits, diamonds and other minerals, the company said recently. The technology will combine existing geological data and knowledge with the ability of AI to generate models fast and efficiently. “It is early stages for both our work and the use of the technique in mineral exploration, but the future potential is huge.", BOD Chairman John Teeling commented to miningmx.
14/02/2024 07:16Namibian Mining News reports that at Mining Indaba, Namdia has unveiled plans to invest a massive 3.4bn US$ over the next ten years, expanding its operations, including through social responsiblity actions in its "Equitable Economic Empowerment Framework" and renewing its focus on exploration, aligned with more accessible and up to date exploration licenses and mining rights information via an e-platform. Namibia, ramping up its activities in green energy rapidly, is a mineral-rich country with huge potential in critical minerals such as lithium and rare earths.
08/05/2023 14:07Canadian mining company Diamcor announced that it will be proceeding with an extensive drilling and bulk sampling program over the greater portions of its Krone-Endora at Venetia diamond mine project.
02/01/2023 15:34Botswana Diamonds (BOD), the UK-based explorer, says it is seeking joint venture opportunities to seek out new assets in Zimbabwe and South Africa in the new year.
Speaking of Zimbabwe, John Teeling, chairman of BOD, said in a trading update: “There are significant geological opportunities in the country. The objective is to find a formula, which suits all parties.”
22/04/2022 17:32Iconic diamond miner De Beers this week now officially returns to Angola, as the Anglo American diamond mining division signed two mineral investment deals with the State's mining entity Endiama, giving the miner exploration rights for 35 years in the Northeast of the country. Each exploration concession will have a separate joint venture, with the majority of shares held by De Beers, with an option for Endiama to increase it's share.
13/01/2022 11:44Botswana Diamonds announced the preliminary kimberlite assessment on the Thorny River prospect in South Africa is encouraging, with projected volume of kimberlite in the area exceeding previous estimates, to ca. 2m tonnes. The company is now investigating mining options, and has yet to make an assessment on potential diamond grade. John Teeling, chairman, commented: "The estimated kimberlite volume in the River area is considerably better than expected. Botswana Diamonds will now determine the mining potential. Let me put this in context.
10/12/2019 12:41Russian diamond mining giant Alrosa reported a rise in rough-diamond sales for the second straight month, selling $282.1 million in November, which is a 6% increase over November 2018 ($266.6 million) and an 11% increase over last month ($253.9 million). The miner's polished-diamond sales fell to $5.8 million from $10.4 million last month and $7.4 million in November 2019. Total sales of $287.8 million worth of rough and polished diamonds represent a 5% increase year-over-year.