Ulla Setswalo

GNRI considering other options for its Khoemacau Copper Mine in Botswana

It is reported that Global Natural Resource Investments (GNRI) is considering selling its Khoemacau copper mine in Botswana, according to sources familiar with the situation. The private equity firm is working with an undisclosed adviser to find potential buyers for the mine, and it is also considering other options for …

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Botswana Diamonds’ Thorny River evaluated for the possibility of developing a diamond mine

Botswana Diamonds’ Thorny River property in South Africa’s Limpopo province has been evaluated for the possibility of developing a diamond mine, according to the company. According to the London-Aim and Botswana Stock Exchange-listed company, the analysis indicates potential opencast options. According to Botswana Diamonds chairperson John Teeling, the evaluation shows …

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President Cyril Ramaphosa to attend Mining Indaba 2022

The President of South Africa, President Cyril Ramaphosa, is confirmed to attend 2022 Investing in African Mining Indaba, taking place in Cape Town from 9 – 12 May 2022. The President will deliver a Keynote Address on Tuesday, 10 May. The President’s attendance, along with Minister of Mineral Resources and …

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Mozambique agree to a Power Purchase Agreement intended to meet Botswana’s growing electricity demand

Under a one-year contract signed on Thursday between EDM and the Botswana Power Corporation, Mozambique’s publicly owned electricity company will provide 100 megawatts of non-firm power to Botswana (BPC). The capacity agreed to under the Power Purchase Agreement (PPA) is intended to help meet Botswana’s growing electricity demand. However, EDM’s …

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Botswana also provides a favourable mining jurisdiction in which to operate, says Kavango Resources

Following his recent return from Botswana, where he conducted an extensive review of the company’s operations, Kavango Resources’ portfolio of projects presents encouraging exploration potential, while Botswana also provides a favourable mining jurisdiction in which to operate, says COO Brett Grist in an operational update to shareholders. “Botswana has a …

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Botswana’s first renewable project set to be in commercial operation come July 2022

A groundbreaking ceremony for Botswana’s first renewable project to be created by an independent power producer in the Sturdee Energy consortium took place recently, marking a significant milestone in the country’s history, according to an official. The Bobonong 3 MW solar project, located around 450 kilometres northeast of Gaborone, would …

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Copper Price Rising amidst China Lockdown

On 4 April 2022, the copper price rose despite lingering demand concerns in top consumer China. Copper for delivery in May rose 2.3% from 1 April 2022’s settlement price, touching $4.790 per pound ($10,538 per tonne). Trading was sluggish as Chinese financial markets were closed for a public holiday, but …

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Time for Botswana to pivot to other resources?

Botswana has long stood near the top of the diamond industry. In the face of flagging prices and declining sales, however, it may be time for the region to pivot to other resources. Battery metals such as manganese represent a considerable opportunity for the region and hold great promise for …

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Ditau has identified 12 airborne magnetic targets at its REE project in Botswana

The Ditau rare earth element (REE) project in south-western Botswana has identified 12 airborne magnetic targets, according to Aim-listed resources companies Power Metal Resources and Kavango Resources. Kanye Resources, a Botswana joint venture (JV) in which Power Metal and Kavango each own a 50 per cent stake, owns Ditau. The …

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Kavango lays out plans ahead Kalahari Key Mineral Exploration Proprietary acquisition

Kavango will publish a detailed exploration plan for Molopo Farms if the offer to acquire Kalahari Key Mineral Exploration Proprietary Ltd is accepted by holders of at least 90% of the shares in the company. This could include immediate diamond core drilling. Kavango Resources PLC announced on Monday that it …

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