Terms Agreed Over Afd Mining License ; Irish Finance

Daily MailOctober 11, 2008

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Summary


AFRICAN Diamonds plc, a mining company led by Irish businessman John Teeling, said it has reached agreement with the government of Botswana over the terms of a mining licence to develop the AK06 diamond discovery in Orapa.

Under the terms of the licence, production in Orapa, which is 240km west of Francistown, must commence by April 2011.

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Terms Agreed Over Afd Mining License ; Irish Finance

The company must als...

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