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Firestone and Tango to dance

London-listed diamond development group Firestone Diamonds has given itself some further breathing space to build its flagship Liqhobong mine in the Kingdom of Lesotho by agreeing to sell its Botswana assets for US$8 million, including the mothballed BK11 mine.

Mining Journal

Toronto-listed Tango Mining has agreed pay $350,000 immediately to secure Firestone’s Botswana arm, place $300,000 in escrow by the end of September, and will raise the balance of $7.35 million as equity....

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