Firestone finds P80m buyer for BK11 Mine

The BK11 Diamond Mine in Boteti has finally found a buyer after being on the market for a year.

Promoters of the mine, Firestone Diamonds announced this week that they have entered into a conditional agreement for the disposal of BK11 to a Canadian firm, Tango Mining for a total consideration of $8 million (P80 million).

In a statement released yesterday, the AIM-listed Firestone said Tango Mining would acquire its wholly owned subsidiary Firestone Diamonds Botswana and its 90 percent interest in Monak Ventures, which holds Firestone’s interests in Botswana.

Editor's Comment
GBV: The big elephant in the room

Sadly, the country seems not to have proper tools and the extent to which women and the girl-child are being abused is not adequately measured.Almost every week there are reports of women being attacked by their significant others and while men are attacked as well, women seem to be more on the receiving end.On May 24, 2023 news broke that a woman who was receiving support from the Botswana Gender-Based Violence Prevention Centre in Gaborone, was...

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