Wednesday 27 July 2011

Impact sheds 40% to focus on Botswana exploration

Botswana Gazette: "“The sale of the Nowthanna uranium deposit has come at a good time for Impact and reflects the Company’s continuing primary focus on its highly prospective exploration assets for uranium and nickel-copper-PGE’s in Botswana in Africa,” said Dr Jones, adding that, “The consideration we will receive will be used to further accelerate our exploration programmes on the Botswana Uranium Project where a major drill programme is in progress and the Xade Nickel-Copper-PGE Project where a major airborne magnetic survey has commenced” he said."

Hunt begins for new DTCB boss

Mmegi: "'I will be retiring at the end of December 2011 after 42 years of service with the company,' McDonald said in a statement. 'These 42 years I have invested in the De Beers Group of Companies were of tremendous value and I look forward to spending time with my family.'"

Paragon Diamonds wins licence in Botswana

IBTimes: "The award of a new kimberlite prospecting licence in Botswana is a strategic step forward. In combination with our Lesothoan, Zambian and Tanzanian assets, it further strengthens the company's development into a kimberlite explorer and developer in Southern Africa"

Discovery Metals on track for copper mine

Discovery Metals on track for copper mine: "In addition to project and equipment finance, the banking syndicate will provide a $US25 million overrun and working capital facility plus hedging lines for both copper and silver production."

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