Botswana Diamonds returns to market

Investors raise €600,000 for Teeling’s firm

John Teeling

John Teeling’s African diamond exploration company Botswana Diamonds will go back to the markets this year after raising £525,000 (€609,000) from a number of private investors.

Teeling had planned to raise £1 million this year to fund the company’s drilling projects, the first part of which came from what he called an interim fundraising last week.

All of the funding came from private investors, Teeling said, with about £250,000 from two investors in ...