Oil exploration company in Okavango wilderness misled investors, complaint to SEC says
A whistleblower complaint to the U.S. Securities and Exchange Commission cites “egregious” violations by ReconAfrica and executives. By Laurel Neme…
Category: Mining
Tlou Energy developing hydrogen strategy for Botswana and Southern Africa
Tlou Energy is focused on delivering a hydrogen strategy to bring renewable power to Botswana and southern Africa through the…
Botswana attractive to mining investors
The Fraser Institute Annual Survey of Mining Companies 2020 report has placed Botswana as the highest-ranking country in Africa on…
Kavango Resources confident it has found several mineralised systems at Ghanzi South
The South Ghanzi project licences lie within the Central Structural Corridor of the Kalahari Copper Belt immediately south of the…
Lucara secures $220m for Botswana diamond mine expansion
Canadian miner Lucara Diamond Corp has secured credit-approved commitments for senior debt facilities of up to $220-million to fund the…
Basil Read and local Botswana company to develop Motheo coal mine for Morupule
Morupule Coal Mine (MCM) has awarded a 5-year mining services contract to a joint venture between Bothakga Burrow, a local…
Debswana to Plow $6 Billion for Biggest Underground Diamond Mine
(Bloomberg) – Debswana Diamond Co. will spend 65 billion pula ($6 billion) to build the world’s largest underground diamond mine…
Kavango Resources partners with Spectral for Botswana exploration
(Alliance News) – Kavango Resources PLC is partnering with underground mapping firm Spectral Geophysics to aid in the discovery of…
World Bank sees robust growth in miners like Botswana
The World Bank’s biannual analysis of Africa’s economic outlook has shown that mining-dependent economies, such as Botswana, are expected to…
Power Metal Resources and Kavango Resources plan to list Botswana jv in London
“The conditional acquisitions announced today, subject to due diligence and approvals in Botswana, would significantly increase the footprint of Kanye…
Kopore sells majority stake in Botswana copper asset
ASX-listed Kopore Metals has struck an agreement to sell 75% of its wholly-owned subsidiary, Alvis-Crest to AIM-listed ARC Minerals. Perth-based…
ThreeD Capital reports premium nickel resources awarded exclusivity to acquire former BCL assets in Botswana
ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies…
Botswana finds 11 diamonds at Thorny River project
Botswana Diamonds (LON:BOD) said on Monday it had recovered 11 diamonds and “abundant” kimberlitic indicators from drill samples at its…
Kavango Resources announces encouraging results from AEM surveys over Kalahari Copper Belt
Kavango Resources PLC (LON:KAV)has announced encouraging initial results from airborne electromagnetic (AEM) surveys flown over its interests in the Kalahari Copper…
Copper prices a boon for Botswana economy
The sustained surge in the price of copper has turned the focus to Botswana as explorers become bullish about the…
Funding update on Lesedi power project
Tlou Energy, developers of the Lesedi power project in Botswana, has announced a funding update for the project, which will…
Botswana’s Debswana expects to increase diamond output by 38% in 2021
Diamond producer Debswana aims to increase output by 38% this year to pre-pandemic levels of 23 million carats, a company…
The Innovators: Lucara Diamond devised new ways to mine and market giant gems
Why the Vancouver-based miner continues to find more big diamonds than anyone else It’s no accident that Lucara Diamond Corp. has,…
Canadian firm sweetens BCL deal with P4.3bn
Premium Nickel Resource Corporation, the Canadian company recently named as the frontrunner to take over BCL Ltd, has pledged to…
Botswana Diamonds enters cooperation agreement to fast-track Botswana diamond exploration
Botswana Diamonds (BOD) has entered into a cooperation agreement to fund the exploration of its prospecting licence assets in Botswana…
Botswana names Canadian firm as preferred bidder for copper mine
Premium Nickel Resources has six months to make an offer Botswana mining group went into liquidation in October 2016 Botswana…
Maatla to start on $45m Mmamabula coal project in June after Botswana gives nod
Unlisted Maatla Resources, which is developing the Mmamabula Coal Project in Botswana, has received its mining licence and is looking…
Si6 extends historic Maibele strike in Botswana
Si6 Metals has followed up historic drilling at its Maibele Project in Botswana, with new results successfully expanding a sulphide-hosting…
De Beers diamonds sparkling in early 2021 thanks to Valentines, Chinese New Year
Global mining company, De Beers says it expects to report $650 million in rough diamond sales for its first cycle…
Power Metal Resources steps up surveying at Botswana joint venture ahead of IPO spin-off
Power Metal Resources is stepping up surveying at its Botswana joint venture ahead of IPO spin-off. The companies are preparing for…
Botswana intensifying effort to attract non-diamond exploration
Botswana has intensified efforts to digitise and make geoscience information readily available to local and international potential investors in an…