Botswana Diamonds gets environmental nod for Thorny River
Company expects the mining permit to be granted within the next six weeks, following further community consultations.
Canada’s Globe and Mail newspaper reports that BHP Billiton, 80%-owner of the Ekati mine in the Northwest Territories, will make a $400 million investment to expand the mine. The Australian mega-miner says its decision was based on higher diamond prices buoyed by healthy demand. Mining at the Misery deposit would start in late 2015 and last for two years.
