Debswana Delays Jwaneng Tailings Project

Aim-listed Firestone Diamonds on Thursday informed shareholders that Debswana, which is a joint venture (JV) between De Beers and the government of Botswana, had decided to delay the implementation of the MTTP to focus its resources on existing projects at the Orapa and Jwaneng diamond mines.

In June, Firestone announced that it had been selected by Debswana to finance, build and operate the MTTP.
The company noted that Debswana had assured it that the MTTP remained a strategically important project, which would be pursued when its other higher-priority projects were more advanced.