Business

US Heavy Earths Deal Signals Next Mining Boom

Australia is poised to meet the surging global demand for heavy rare earths (HREs) following China’s decision to halt exports, a move that could reshape the global minerals landscape. The announcement comes on the heels of a high-level meeting between Prime Minister Anthony Albanese and U.S. President Donald Trump, which …

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Copper Aspirant Oscillate Rebrands as Serval Resources Ahead of AIM Move

London, UK – Oscillate PLC has unveiled a new corporate identity, Serval Resources, reflecting a strategic pivot toward copper and “future metals” critical to the energy transition and the digital economy. The listed entity on the Aquis exchange will operate under the Serval brand name and plans to officially adopt …

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Namibia and Botswana Deepen Ties with Eight New Bilateral Agreements

Namibia and Botswana are set to significantly expand their economic and development cooperation, finalizing eight new Memoranda of Understanding (MOUs) and agreements on Friday. The instruments, covering key sectors from energy to mining, were revealed at the close of the ministerial segment of the Botswana-Namibia Bi-National Commission (BNC) in Windhoek …

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African Producers Urged to Forge Diamond ‘OPEC’ to Restore Market Control

As Botswana seeks a greater ownership stake in De Beers and Angola eyes a potential interest, diamond veteran Martyn Charles Marriott is advocating for a radical return to industry collaboration, proposing a diamond equivalent of OPEC to stabilize the fragmented market. Marriott, a former De Beers executive and key consultant …

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Botswana Withholds Diamonds as Global Slump Hits Prices

The state-owned Okavango Diamond Co. (ODC) has made a “prudent decision to withhold” nearly one million carats of rough diamonds after an ad-hoc auction failed to meet its reserve price, signaling the government’s refusal to concede to falling global prices. The late September “closed” tender, which saw no gems sold, …

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Botswana Sets 24% Local Stake Rule for New Mines

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 …

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Botswana Races to Secure De Beers Control by October

The government of Botswana has set an ambitious end-of-October deadline to secure majority ownership of De Beers, a move President Duma Boko says is critical for the country’s economic sovereignty as diamond markets remain under strain. Speaking to Bloomberg Television in New York, Boko confirmed that his government is in …

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Oscillate Boosts Copper Portfolio with Namibia Expansion

Revised acquisition terms will see Kalahari Copper Limited’s Namibian assets included in a deal first announced in July, broadening the scope of Oscillate PLC’s purchase beyond Botswana. Under the new non-binding Heads of Terms, Oscillate is set to acquire both the Botswanan and Namibian portfolios, significantly expanding its presence across …

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Operations resumes at Tataki Mine – Update

Matsiloje’s Tataki Mine formerly Tati Nickel Mine is set to reopen next week under a new U.S registered critical metals company – Global Critical Resources Corporation (GCR Group). The development comes after NIU Invest (NIU), a leading European investment company, contributed MTV, a copper mine in Chile and Tataki Mine …

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Mining Indaba 2026 set to redefine mining future

As the global demand for critical minerals accelerates, the continent’s role is shifting from resource supplier to indispensable partner in powering the energy transition, industrial growth, and global security. The time to elevate Africa’s position on the world stage is now.   This was the call to action at a …

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