trending Market Intelligence /marketintelligence/en/news-insights/trending/h63SSkzvKy8Sc7kOXaK6vw2 content esgSubNav
In This List

Tsodilo acquires 100% of Bosoto, BK16 diamond project in Botswana

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023


Tsodilo acquires 100% of Bosoto, BK16 diamond project in Botswana

TsodiloResources Ltd. said July 18 that it has secured a 100% interest inBosoto (Pty) Ltd. and its BK16 kimberlite project in Botswana.

The company acquired minority shareholders' 25% equityinterest in Bosoto for a 2% gross proceeds royalty on diamond sales from BK16.

Meanwhile, Tsodilo is currently making preparations for alarge diameter drill program, including the refurbishment of its10-tonnes-per-hour dense medium separation plant and the development of anenvironmental management plan.

The drilling program is planned to recover 2,000 tonnes to3,500 tonnes of kimberlite for initial grade and quality analysis.