Firestone finds P80m buyer for BK11 Mine
Friday, July 10, 2015
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.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...