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  • Liqhobong mine enters final commissioning stages   2016-10-06
    All major construction activities at Aim-listed Firestone Diamonds’ 75%-owned Liqhobong mine, in Lesotho, have been completed. Mining activities have started and the commissioning of the processing plant is now in its final stages.
  • Firestone Diamonds one step away from completing Lesotho diamond mine 2016-09-28
    Aim-listed Firestone Diamonds has “one more item” left before its one-million-carat-a-year Liqhobong project, in Lesotho, enters production in the fourth quarter. During a media briefing, in Johannesburg, on Wednesday, CEO Stuart Brown said the company had around 90 000 t of ore stockpiled and ready to be processed, adding that the final recovery sorthouse would be completed in the coming week.
  • Tango Mining Limited: BK11 Diamond Mine, Botswana, Acquisition Not Completed 2016-09-12

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 12, 2016) - Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) announces that the Firestone Diamonds Limited ("Firestone") Sale of Shares and Claims Agreement (the "Firestone Agreement") for the acquisition of the BK11 Diamond Mine, Botswana ("BK11"), as announced on 9 July 2015, did not close by the 9 September 2016 (the "Revised Drop Dead Date").

  • Tango Announces Loan Financing for Acquisition of BK11 Mine 2016-08-30

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2016) - Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) is pleased to announce it has agreed to a non-convertible loan agreement (the "Loan Agreement") with a number of lenders (the "Lenders"), in order to fund the previously announced acquisition (the "Acquisition") of the processing facility and mineral rights comprising the Botswana diamond operations of Firestone Diamonds Limited (the "BK11 Mine"), and for general working capital purposes. Pursuant to the Loan Agreement, the Lenders will advance to the Company the aggregate principal amount of US$10,000,000 (the "Loan"). The Loan bears interest at a rate of 12% per annum calculated quarterly in arrears and is payable on demand on or after the first anniversary of the closing date of the Loan.

  • Firestone Diamonds again extends deadline for Botswana asset sale 2016-08-30
    Canadian diversified junior miner Tango Mining has until the revised drop dead date of September 9 to settle all the conditions under the conditional sale agreement (CSA) for the $8-million acquisition of Aim-listed Firestone Diamonds’ Botswana assets. Firestone on Tuesday agreed to extend the due date to allow Tango to finalise its proposed $30-million loan commitment with California-based financial lender Vanderbilt Commercial to finance the acquisition of the operations and provide the capital to restart the idled BK11 kimberlite diamond operations.

Hondeklip Information

  • General 2015-05-10
    The mine was purchased by Firestone Diamonds in 2005. The current status is unknown.

Nearby Locations

Nearby Location News

  • Xtract gets major discount on O’Kiep acquisition 2015-05-20
    Aim-listed Xtract Resources has successfully renegotiated the deed of assignment for the acquisition of the O'Kiep copper sulphide tailings project, in the Northern Cape, which would result in a reduced cash payment of $2.88-million, a 28% reduction from the initial $4-million payment. Xtract would pay resource- and technology-based growth company Mineral Technologies International an immediate $250 000 in cash and a further $125 000 cash payment by May 26, as part of the acquisition.
  • Frontier Rare Earths Announces the Filing of the 2014 MD&A, Financial Statements and Annual Information Form 2015-03-30

    TORONTO, ONTARIO--(Marketwired - March 30, 2015) - Frontier Rare Earths Limited (TSX:FRO)(OTC:FREFF) ("Frontier" or the "Company") announces the filing of its 2014 MD&A, Financial Statements and Annual Information Form, which includes an update on the status of the Zandkopsdrift Pre-Feasibility Study ("PFS"), the Company's other exploration activities and corporate strategic initiatives. Key points to note from the 2014 MD&A include:

  • Canada Carbon Initiates Re-Permitting of Its Asbury Graphite Historical Mill Site 2015-03-03

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 3, 2015) - Canada Carbon Inc. (the "Company") (TSX VENTURE:CCB) (FRANKFURT:U7N1) is pleased to inform its shareholders that it has begun the process of re-permitting the graphite processing mill on its wholly-owned Asbury Project. The permits under which the historic mining and milling were conducted on the Asbury Project expired in the year 2000. The Company anticipates receiving written approval shortly from the Municipality of Notre-Dame-Du-Laus, which is also the owner of the land upon which the mill and its associated tailings ponds are located, to proceed with its application to obtain a permit to operate a tailings storage facility (tailings pond). An existing graphite tailings pond on the property has significant remaining capacity.

  • Operations Update 0000-00-00
    Market News alert Xtract Resources plc

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