Minergy CEO Morné du Plessis has described the first coal export to South Africa by the company as a milestone achievement for Botswana’s coal industry. Minergy, the coal mining and trading company with the Masama coal mine located in the Mmamabula Coalfield of Botswana, announced the export of Botswana’s first …
Read More »Petra explains sell of Botswana diamond exploration business
Petra CEO Richard Duffy says the disposal of its exploration assets in Botswana, held through Sekaka Diamonds is part of the company’s strategy of focusing on driving efficiencies from its producing mines. The LSE-listed company is selling its exploration assets in Botswana to Aim-listed Botswana Diamonds (BOD) for $300 000 …
Read More »Slow border logistics is costing Africa a fortune and must be brought to an end
When I last visited Zimbabwe, Zambia and Botswana, I was horrified by the dreadfully long queues of heavily laden trucks waiting to cross through border posts. I chatted to a few of the truck drivers and they complained bitterly about their long waits. It’s simply nonsensical and a gross brake …
Read More »Pangolin’s Botswana exploration projects resume
Pangolin Diamonds has revealed that activities at its various projects in Botswana, with all field teams, are now fully operational. The company also said that the Botswana Department of Mines had granted the company’s joint venture partner, Makunwu Civil Blasting, permission to proceed with a 500 t bulk sample on …
Read More »Miners in Botswana stuck with gems worth billions
Owner De Beers, which mines and auctions most of its gems in Botswana, has barely sold any rough diamonds since February. Neither has Russian rival Alrosa PJSC. Now, as the coronavirus restrictions that froze the global industry for months begin to lift, the unsold diamonds present a dilemma: how to …
Read More »We Need a Cohesive Strategy and Coordinated Approach for SMEs to grow post COVID-19
The announcement of a prolonged shut-down across many major African countries as a measure to contain the spread of COVID-19 could have dramatic negative effects on the economy of the entire continent. Africa’s GDP is largely driven by Small and Medium Enterprises (SMEs) and the informal sector that accounts for …
Read More »How will multinational mining companies respond to investors’ growing focus on environmental, social and governance (ESG) issues?
Despite the short-to-midterm challenges of the global pandemic, the biggest challenge for multinational mining companies over the next decade will be responding to investors’ growing focus on environmental, social and governance (ESG) issues. As a focal point of how seriously the extractives industries are now taking ESG investing, over the …
Read More »Mining sector’s evolution is in tandem with global demand for increased responsibility and sustainability.
The expectations and priorities of a modern-day investor in the mining sector have significantly changed in line with global demand for more responsible and sustainable extraction of mineral resources. ESG, referring to the performance of investment portfolios against Environmental, Social and Governance (ESG) standards, has firmly established itself across the …
Read More »Goldfields innovation protects underground mine access
World-leading autonomous solutions specialist RCT has fulfilled requests from mining clients and devised a unique warning system designed to prevent oversized equipment from getting stuck inside underground mining portals. Staff from RCT’s branch in Kalgoorlie, Western Australia were separately approached by two major mining clients in the Goldfields and asked …
Read More »Mining operations set to go on full swing
Operations at different mining sites in Botswana are set to restart after they were on hold following a national lockdown in April this year. Botswana mining companies among them Debswana Diamond Mine, Lucara Diamond Mine and Khoemacau copper mine paused activities on April 2 when the coronavirus-related restrictions began. Operations …
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