Botswana Stock Exchange aggregates business and finance information relating to Botswana and the southern African region.
Monday, 13 June 2011
BOTSWANA DIAMONDS IDENTIFIES POTENTIALLY DIAMONDIFEROUS ROCK LAYERS IN CAMEROON LICENSE
Tacy LTD: "Botswana Diamonds reports that its geologists have identified sequences of sedimentary rock layers in several localities in the east of its Cameroon diamond license. The AIM-listed miner holds an 85 percent share of the reconnaissance license, which lies immediately to the south and west of C&K Mining's Mobilong license area, where recent reports suggest that a very significant reserve of diamonds has been discovered and where a mine estimated to produce one million carats a year is reportedly coming on stream by 2012. "
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