Botswana Mining Review Comprehensive Coverage of the Progress and Achievements in the Mining Sector
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The government of Botswana has begun enforcing a new regulation requiring mining companies to sell a 24% stake in new concessions to local investors if the government opts not to acquire the stake, the Ministry of Minerals and Energy announced on 10 October 2025. The rule, first proposed last year under draft amendments to the Mines and Minerals Act, officially came into effect on 1 October 2025.
Previously, the government had the right to buy up to 15% of any mining concession, with higher stakes possible in diamond ventures. The new provision expands local participation, aiming to increase citizen ownership of the country’s mineral wealth, promote value addition and ensure the establishment of environmental rehabilitation funds by mining companies.
Botswana, the world’s top diamond producer by value and an emerging copper mining hub, sees the reform as a key step toward inclusive economic growth.During parliamentary debates on the amendment, the former Minister of Minerals and Energy said domestic pension funds could support local investors in acquiring stakes under the new ownership rule.
