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Category: Mining

Tlou Energy raises A$2m via share placing to fund Lesedi Project

Tlou Energy Ltd. said Friday that it has raised 2 million Australian Dollars ($1.3 million) via a share placing, and…

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3 years ago

Diamond negotiations with De Beers “hugely distracting” to Botswana government

LUCARA Diamonds wanted a quick resolution to diamond sales contract negotiations between Botswana and De Beers as their two-year discussions were…

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3 years ago

Botswana’s Debswana posts 37.5% jump in 9-month diamond sales

GABORONE, Nov 1 (Reuters) – Rough diamonds sales by Debswana Diamond Company jumped 37.5% in the first nine months of…

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3 years ago

Power Metal says acquisition of an additional 58.7% interest in Kalahari Key Mineral Exploration has received all regulatory approvals in Botswana

Paul Johnson, chief executive officer of Power Metal, commented:  “Shareholders will be aware we are currently undertaking the largest drill…

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3 years ago

Natural Diamond Council Global Ambassador, Lily James, Visits Botswana

Highlights positive impact of the natural diamond industry on education, conservation and local business NEW YORK, Oct. 26, 2022 /PRNewswire/ — This…

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3 years ago

Europe crisis spurs Botswana $2.5bn coal-to-liquid revival

Botswana is seeking to secure funding partners for a $2.5-billion plant to produce synthetic fuels from coal, a plan rekindled…

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3 years ago

Cobre (ASX:CBE) hits 12m of visible copper at Ngami, Botswana

Cobre (CBE) intersects 12 metres of visible anomalous copper mineralisation in the first diamond hole at the Ngami copper project…

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3 years ago

Sandfire detects “substantial exploration potential” of Motheo after drilling campaign

SANDFIRE Resources says recent drilling of its Motheo copper prospect in Botswana had demonstrated “substantial exploration potential” of the landholding.…

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3 years ago

LSE-listed miner Kavango Resources reports ‘exploration upside’ at Ditau project in Botswana

LSE-listed miner Kavango Resources has identified an Iron Oxide Copper Gold (IOCG) system at its Ditau Project in southwestern Botswana,…

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3 years ago

Kavango Resources eyes iron oxide copper gold system at Ditau, Botswana

Ben Turney, Kavango chief executive, said: “These are surprising, positive results for Kavango.” Kavango Resources PLC (LSE:KAV, OTC:KVGOF) said it…

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3 years ago

Minergy posts first profits from Masama mine, expects profitable 2023 financial year

Botswana-listed coal miner Minergy has reported “remarkable growth” in revenue from P193-million in the 2021 financial year, to P425-million in the 2022 financial year. The company…

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4 years ago

Tlou Energy shares fall as annual loss doubles; touts project progress

(Alliance News) – Tlou Energy Ltd on Tuesday said it aims to achieve first revenue in 2023 through energy generation…

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4 years ago

Cobre unearths more high-grade copper at Ngami in Botswana

“These results add weight to our conviction that this area is potentially host to one of the next big copper…

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4 years ago

Coal rush! Energy crisis fires global hunt for polluting fuel

Tanzania expects thermal coal exports to double this year European buyers prepared to pay top dollar, miners say Loss of…

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4 years ago

Tlou Energy provides update on construction of power transmission line for plant at Lesedi in Botswana

The overall progress achieved is 11%, up from 8% reported last month, although the planned target was 17% indicating a…

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4 years ago

Kavango Resources renews, secures multiple Botswana mining licenses

Kavango Resources PLC said Tuesday that it has renewed six prospecting licenses, and was awarded one new prospecting license in…

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4 years ago

Bezant Resources reports high manganese concentration at Kanye project

(Alliance News) – Bezant Resources PLC on Wednesday reported “very high values” of manganese at its Kanye manganese project in…

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4 years ago

IN BRIEF: Arc Minerals shares up as gets renewal for Virgo project

Arc Minerals Ltd – base metals exploration company focused in Africa – Says subsidiary Alvis Crest Ltd receives renewal from…

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4 years ago

Si6 hunting down nickel-sulphide bounty in Botswana

Si6 Metals has found historic trenches at its Gobajango base metals prospect in Botswana. Soil samples taken from Si6 Metals’…

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4 years ago

Cobre confirms copper onsite at depth; Assay results for Botswana play pending

Key points Cobre Limited has confirmed its high-impact copper play boasts mineralisation at depth as well as along 4km strike…

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4 years ago

Sandfire announces $71.9m expansion of Botswana’s Motheo copper mine

SANDFIRE Resources is to spend an additional $71.9m expanding its Motheo copper project in Botswana to 5.2 million tons (Mt/y) a…

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4 years ago

Surat diamond polishers open units in Botswana

Surat manufacturers have opened around 20 diamond cutting and polishing units in Botswana. Vallabh Lakhani, Chairman of Surat Diamond Bourse…

1
4 years ago

Power Metal Resources Brings Forward Botswana Drilling Program; Shares Rise

Shares of Power Metal Resources PLC rose 17% on Tuesday after the company said that it plans to bring forward…

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4 years ago

Arc begins maiden exploration drilling programme in Botswana

Aim-listed Arc Minerals has announced the start of its maiden exploration drilling programme at its Virgo project, in Botswana. This…

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4 years ago

Diamonds powers Botswana back trade surplus  

Botswana’s trade balance, which has weakened in the past years, widening the trade imbalance, and causing large drawdowns from the…

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4 years ago

Lucara starts shaft sinking at Botswana expansion project

Canada-based miner Lucara has started sinking the main shaft at its Karowe diamond mine expansion project, in Botswana, although it…

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4 years ago

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