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Negotiating period extended for AK6 mining licence

August 13, 2008 @ 12:10 am In Diamond Company News

Botswana's government had extended the negotiation period for the AK6 mining licence to September 30.

African Diamonds MD James Campbell said:

Theoretically, the only way that De Beers would be able to block the development of the mine would be if it was successful in its application for a retention licence, which could delay the AK6 project by three years.

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