The Project AK8 is in EARLY DISCOVERY stage. Mining Property in BOTSWANA : Ownership, location, history, geology, maps, reserves and resources, related press releases

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AK8 Project

AK8

Country

Botswana

Status

EARLY DISCOVERY

Latitude / Longitude

21 S 18 / 25 E 24

Legends


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Produces

Develops

Explores for

Diamonds -

Last updated on 9/28/2010 - Terms of Use

Risk and valuation analysis of the AK8 Project

Status Risk : Early discovery

Country Risk : Moderate

Title(s) of the AK8 Project

DeBeers
Joint venture: 51%


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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' shareholding will rise to 70% upon completion of the first bankable feasib more...

African Diamonds plc
Joint venture: 49%


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AK8 is one of 30 known kimberlites which are part of the Boteti joint venture in which African Diamonds holds 49% and De Beers holds 51%.

History of the AK8 Project

Boteti Joint Venture formed 2004. The AK6 discovery was in October 2004

Exploration and drilling

6/10/2010

Drilling to start on 3 Botswana kimberlites - AK8, AK9 and B...

Location

Data last updated on : 9/28/2008

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.