Location: Botswana | Resource: Diamonds
Diversified Canadian junior mining operation Tango Mining announced the acquisition of another kimberlite diamond prospecting license in Botswana. Tango’s other diamond asset in Botswana is the Middlepits project, which hosts a kimberlite called Kolonkwaneng.
First discovered in 1977 by the De Beers Group, bulk sampling of micro diamonds and heavy minerals has indicated that the kimberlite is diamondiferous. Through a number of South African subsidiaries, Tango also holds three thermal coal, metallurgical, and processing plant and engineering contracts that process 6.5Mt of coal per annum in South Africa.
Source: Mining Global