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Firestone extends Botswana’s BK11 asset sale period

British junior miner Firestone Diamonds has agreed to extend the option period granted to Amulet Diamond Corporation (Amulet) to purchase Firestone’s BK11 asset until 31 December 2018. BK11 is a diamond asset in Botswana, currently on care and maintenance. Amulet is funding the construction and operation of a bulk sampling …

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Namibia’s economy expected to plummet

The International Monetary Fund has concluded that after years of exceptional growth, Namibia’s economy has entered an adjustment phase. “Growth is expected to turn slightly negative in 2017, compared to a growth of 1.1 percent in 2016, as large constructions in the mining sector have been completed and the government …

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Weatherly ready to spring-out of murky waters

Weatherly International has promised its largest shareholder and debt provider Orion an improved production, amid uncertainties that continue to riddle the company. “The company will continue to strive to produce returns for Orion and all our stakeholders,” said. John Bryant, Weatherly Chairman. Bryant applauded the shareholders for the continued to support …

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