BCL explores for diamonds in Gope

Mahupela
Mahupela

Works to determine the quality and amount of gems at BCL’s diamond mining project in the Gope region has commenced as the struggling copper and nickel miner seeks to diversify revenue streams.

The Maibwe diamond project is 51 percent owned by BCL while exploration company, Botswana Diamonds (BOD) owns 15 percent of the project.

BCL exploration projects in the Gope area are estimated to have a potential value of over P20 billion. In a statement released this week, BOD chairman, John Teeling said a large diameter-drilling programme would commence shortly on an exploration licence, which is part of the Maibwe block of licences in the Gope region.

Editor's Comment
The corrupt must be punished

The findings reveal a disturbing pattern of misconduct and lack of transparency that cannot be ignored.The Tribunal, led by Judge President Justice Kabelo Lebotse, has rightly condemned the Ministry for its eyebrow raising conduct in awarding a P1.8 billion water tender to China Civil Engineering Construction Corporation (Pty) Ltd and Zhong Gan Engineering & Construction Corporation (Pty) Ltd.The award was made despite alleged clear evidence that...

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