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Botswana Diamonds (BOD), the gem hopeful chaired by occasionally controversial veteran Irish entrepreneur John Teeling, has won a new prospecting licence in the southern African state of Botswana covering ground which the Dublin-based AIM company describes as having ‘the highest priority’. Lately out of favour with investors who have sent its shares down from a 12-month high of 2.62p to 0.83p now, BOD owns half of Sunland Minerals, its 50-50 joint venture with state-controlled Russian diamond heavyweight Alrosa, and the Botswana government has awarded Sunland a three-year prospecting licence, PL 260/2015, covering 25 sq.km. in the diamond-rich Orapa region.
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