Botswana Diamonds Changes Name, Focuses on Copper

[Barbra Voltaire, FGG]

(IDEX Online) - Botswana Diamonds has changed its name to Botswana Minerals, to reflect a switch in focus to copper exploration.

The Ireland-based company says AI developed to locate diamond deposits had been applied to copper, with " outstanding" results.

It also acknowledged that the global diamond sector faces a technological disruption and a cyclical downturn, with lab growns likely to dominate the lower end of the market.