Ulla Setswalo

Botswana lay down future plans for coal-fired and solar power

Botswana currently has national demand of 600 MW, but recurring breakdowns at one of its main power stations have left the country reliant on imports and diesel generators to cover shortfalls. Hence the country plans to add more 600 megawatts (MW) of solar and coal-fired power in the next six years …

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Giyani’s scoping, terms of reference to be accepted by Botswana dept.

The approval of Giyani Metals Corporation‘s initial scoping and terms of reference (SToR) by the Botswana Department of Environmental Affairs (DEA) is expected to be granted during the fourth quarter of this year, after the customary review process, during which the DEA may request additional information. TSX-V-listed Canadian junior exploration …

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COVID-19 delays Botswana, De Beers negotiations

The Botswana government has revealed that the COVID-19 pandemic has delayed its negotiations with the diamond miner, De Beers. The government said there was no guarantee that it would be able to renew a new 10-year sales agreement with De Beers before the end of December, when the current one …

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Diamond drop compelling Botswana must expand revenue base

The subsequent decline in the country’s gross domestic product (GDP) due to the drop in the production of diamonds makes it more imperative for Botswana to diversify its economy from mining. Rough diamond production decreased by 27 per cent to 11,3 million carats in the first half of 2020. This …

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SADC countries told to effectively promote industrialisation and improve economic growth in the region

Natural resource-based sectors, including agriculture and mining, still account for, on average, 25% of gross domestic product (GDP) in the southern African region (SADC). This means that SADC member states’ continued economic dependency on natural resources and unprocessed commodities hampers the realisation of the region’s market integration goals and industrialisation. …

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Police determined to end Illegal Sand Mining in Moshupa

Moshupa Police Commander, Superintendent David Ramoseki said the ever-increasing illegal sand mining in Moshupa and surrounding villages was a great concern and disclosed that police were determined to eliminate the crime. He mentioned Moshupa west, Taueshele Farm area, Lotlhakane West, Tshaane and Sentsi villages as places being targeted by illegal …

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Botswana’s diamond export drop by 68% in second quarter

Botswana’s rough diamond exports fell by 68 per cent in the second quarter of the year as the coronavirus pandemic hit demand while global travel restrictions hurt trading, this is according to data released by the central bank on Friday. The central bank report showed exports of diamonds from Debswana, …

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Silver project pushing T3 for development start-up

MD and CEO of ASX-listed Sandfire Resources’ T3 copper/silver project, KARL SIMICH, reckons the company boasts the benefits of a large resource, with uncompromised mineralisation. Sandfire had for some time been investigating global opportunities in the base metals space. In the MOD Resources’ T3 project, it recognised the significant value from regional exploration already …

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Lockdown siphons Botswana’s foreign reserves

Global coronavirus (COVID-19) lockdowns and travel bans have crippled Botswana’s mining and tourism, the country’s primary foreign currency earners. This has led to a trade deficit, the difference between the value of imported and exported goods, rose to P4.1 billion in May, further eating away at the country’s precarious foreign …

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GV Gold increases production with the help of digital technologies

GV Gold, also known as Vysochaishy, one of the fastest-growing Russian gold mining companies, has rolled out the Zyfra OpenMine fleet management system (FMS) at its Ugakhan Mine in Russia’s Irkutsk Region in Siberia. The implementation of the project has resulted in a year-on-year ore production volume increase of 11%. …

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