Mining News

Britain’s Firestone to sell Botswana diamond mine for $50 000

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Britain’s Firestone Diamonds has agreed to sell its Botswana mine to a local company for just $50 000, after previous attempts to offload the mine it valued at $10-million in 2014 fell through. Firestone put BK11 mine on care and maintenance in 2012, citing operational challenges and weak market demand for the precious stones.

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