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Virus vaccine hopes propel copper to a two-year high

Base metals have climbed this month on signs of progress in developing a drug to combat Covid-19, which would help economies reopen and global growth recover. But there are still immediate fears that fresh lockdowns – especially in the US – could bring renewed pressure on economic activity. The Trump …

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Botswana Diamonds share progress on Thorny River and Marsfontein

AIM and BSE-listed diamond explorer Botswana Diamonds say a number of geophysical techniques and technologies were applied including gravity, electromagnetics, magnetics and ground-penetrating radar at Marsfontein project in South Africa. D Drilling has commenced on the Thorny River and Marsfontein project areas in South Africa, out of the ten areas …

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SADC mining sector set for a rebound in 2021

Southern Africa’s mining, like other economic sectors, was hit hard by the COVID-19 pandemic as nations enforced lockdowns to curb the spread of the disease. However, with mixed fortunes experienced in 2020, a year afflicted by the latest coronavirus pandemic, the region’s mining sector is expected to perform better in …

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New Botswana copper mine lay down its programme

The Khoemacau Mine is set to be the only copper operational mine in diamond-rich Botswana after two other copper mines were placed under liquidation. The country’s newest and only operational copper mine is expected to start production in 2021 with annual output building to 60,000 tonnes of concentrate, its executive …

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