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Botswana Diamonds AGM Backs Strategy as Company Adds Critical Minerals Licences in Botswana

Story Highlights
  • Botswana Diamonds’ AGM approved all resolutions, signalling shareholder backing for its current strategy and governance.
  • The company secured eight new copper and critical mineral licences in Botswana and is courting partners while maintaining key diamond projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Botswana Diamonds AGM Backs Strategy as Company Adds Critical Minerals Licences in Botswana

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An announcement from Botswana Diamonds ( (GB:BOD) ) is now available.

Botswana Diamonds PLC reported that all resolutions were passed at its Annual General Meeting held in Newry on 29 January 2026, confirming shareholder support for the company’s current strategy and governance. Management outlined a notable expansion of its exploration portfolio, including the award of eight copper and critical mineral prospecting licences covering 7,000 km² in Botswana, selected using the company’s proprietary exploration database and explainable artificial intelligence tools. Initial discussions are under way with potential partners to advance work on these new licences, while the company continues to maintain and progress its established diamond assets at KX36 and the Maibwe joint venture in Botswana, as well as the Thorny River mining area in South Africa, signalling a dual focus on traditional diamond operations and growth in critical minerals.

The most recent analyst rating on (GB:BOD) stock is a Hold with a £0.24 price target. To see the full list of analyst forecasts on Botswana Diamonds stock, see the GB:BOD Stock Forecast page.

Spark’s Take on GB:BOD Stock

According to Spark, TipRanks’ AI Analyst, GB:BOD is a Neutral.

The score is primarily constrained by weak financial performance (ongoing losses, minimal/inconsistent revenue, and sustained cash burn), only partially offset by the debt-free balance sheet. Technical signals are mixed/neutral, and valuation metrics are unfavorable/less informative due to negative earnings and no dividend support.

To see Spark’s full report on GB:BOD stock, click here.

More about Botswana Diamonds

Botswana Diamonds PLC is an exploration and development company focused primarily on diamond projects in Botswana’s Kalahari region and South Africa, including the KX36 project, the Maibwe joint venture and the Thorny River mining area. The company is also expanding into copper and critical minerals exploration through newly awarded prospecting licences in Botswana, reflecting a broader strategic focus on key commodities for the global energy transition and industrial demand.

Average Trading Volume: 1,934,885

Technical Sentiment Signal: Sell

Current Market Cap: £2.94M

For a thorough assessment of BOD stock, go to TipRanks’ Stock Analysis page.

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