Botswana Diamonds grabs control of Thorny River

Botswana Diamonds (LON:BOD) said on Wednesday it had exercised pre-emptive right to acquire the outstanding third-party interests in its South African unit and parts of the Thorny River project, which gives the company control of the asset.  The company will issue 56.99 million shares, valued at about £627,000 (about $844,000), as...