The Project AK6 is in MINE DEVELOPMENT stage. Mining Property in BOTSWANA : Ownership, location, history, geology, maps, reserves and resources, related press releases

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AK6 Project

AK6

Country

Botswana

Close to

Orapa

Status

MINE DEVELOPMENT

Latitude / Longitude

21 S 20 / 25 E 23

Legends


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Produces

Develops

Diamonds -

Explores for

Last updated on 11/2/2010 - Terms of Use

Risk and valuation analysis of the AK6 Project

Status Risk : Mine development

Country Risk : Moderate

Title(s) of the AK6 Project

Lucara Diamond Corp
Joint venture: 60%


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DeBeers sold its ownership project to Lucara in Nov. 2009. Previously, Ownership of the joint venture will initially be 49% African Diamonds and 51% De Beers with De Beers funding the joint venture through to bankable feasibility study. De Beers' sha more...

VanEck Vectors Global Alternative Energy ETF
Joint venture: 40%


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AK6 is one of 30 known kimberlites which are part of the Boteti joint venture in which African Diamonds holds 26%.

Location of the AK6 Project
The discovery is located close to the Orapa, Letlhakane and Damatshaa mines and has good local infrastructure.

History of the AK6 Project
The AK6 resource was discovered in 1970 and was revisited in 2004. ?It is expected to come on stream in early 2011

Exploration and drilling

7/15/2011	(Lucara Diamond).: AK6 Project Update
6/27/2011	(Lucara Diamond).: Development of AK6 Diamond Mine Passes Half Way Point and...
11/4/2010	(Lucara Diamond)Construction of new Botswana diamond mine to start soon
11/2/2010	(Lucara Diamond)LUCARA ANNOUNCES FORMAL APPROVAL FOR AK6 DIAMOND MINE
10/8/2010	(Lucara Diamond)to Acquire 100% of AK6 Diamond Project in Botswana
6/29/2010	(African Diamonds)Progress Update
3/31/2010	(African Diamonds)Project Update
2/23/2010	(African Diamonds)Discovery Update
2/22/2010	(Lucara Diamond)Diamond Valuation

Discoveries and Drilling Results

3/29/2010	(Lucara Diamond)AK6 Diamond Resource Estimate
9/30/2008	(African Diamonds)AK06 Diamond Discovery, Orapa, Botswana
5/26/2006	(African Diamonds)Update on AK6 diamond discovery in Botswana
4/11/2006	(African Diamonds)Update on drilling results from AK6 Orapa Botswana
3/13/2006	(African Diamonds)Further drilling results from the AK6 diamond discovery
3/8/2006	(African Diamonds)Further drilling results from the AK6 diamond discovery
2/2/2006	(African Diamonds)further strong drilling results from AK6 in Orapa Botswana

Location

Data last updated on : 12/31/2007

Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.