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Market NewsNewsBotswana Diamonds seeking to buy liquidated BCL

Botswana Diamonds seeking to buy liquidated BCL

Botswana Diamonds (BoD) wants to buy liquidated BCL Mine’s shares in a diamonds exploration joint venture project, its managing director said on Thursday, Reuters reported.

BCL mine group, which has been under liquidation since 2016, is selling its 51 percent stake in Maibwe Diamonds for an undisclosed amount, said the Reuters report.

“We have put in an offer to the liquidator of BCL and we hope to get a response in the next few months,” BoD managing director James Campbell told a mining conference, the Reuters report said.

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