Business

Botswana’s Diamond Dreams Dims as US Tariffs and Weak Demand Deliver a One-Two Punch

The glittering facade of Botswana’s diamond industry is showing significant cracks as a potent cocktail of weakened global demand and hefty new tariffs from the United States casts a long shadow over the nation’s primary economic driver. Recent figures paint a stark picture, revealing a dramatic slump in production and …

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The lube kitchen part 1: classification of lubricants

Condition monitoring specialist company, WearCheck, has launched a lube kitchen series, created by Steven Lumley, technical manager at the company. In it, she explores the world of lubricant additives, detailing their function, how they work and their application. Part 1 focuses on the classification of lubricants. A fully formulated lubricant …

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“Can a New Deal Between State and Private Sector Deliver the Continent a Winning Hand?”

The 2025 edition of the Africa CEO Forum will gather 2,000 CEOs, investors and public sector leaders from over 75 countries in Abidjan from May 12 – 13. In a challenging global economic backdrop marked by rising protectionism, reduced development aid and high debt-serving costs, the Forum will tackle the …

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Africa Mining Week, to Highlight Mining Driving Growth Across Africa.

The mining sector of the continent is showing no signs of slowing down as Africa draws increasing worldwide attention in its vast mineral resources. The next African Mining Week, scheduled for October 1-3, 2025 in Cape Town, intends to highlight the sector’s ever more central part in economic growth as …

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Lucara Takes Direct Control of Karowe Underground Project

Lucara Diamond Corp. has announced a strategic shift in the management of its Karowe underground project (UGP) in Botswana. Effective 31 March 2025, Lucara will terminate its Engineering, Procurement and Construction Management contract with JDS Energy & Mining Inc. and transition to owner-managed operations for all site-based contracts and activities. …

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Mining Titans Clash in Kalahari Copper Rush: BHP Swoops for Major Stake

A quiet corner of the sun-baked Kalahari Desert is set to become the epicentre of a high-stakes copper battle, as mining giant BHP has secured a commanding position in Australian explorer Cobre’s promising projects. In a move that signals a significant escalation of interest in Botswana’s mineral wealth, BHP has …

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Volvo CE unveils new generation of excavators

Volvo Construction Equipment is releasing six new excavator models in Africa and the Middle East, with up to 15 percent greater fuel efficiency, improved productivity and maintenance options, and a brand-new operator environment. The six new models – the EC210, EC220, EC230, EC260, EC300, and EC360 – combine cutting-edge technology, …

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BHP Stakes $25m on Botswana Copper Hunt

Gaborone, Botswana: Global mining giant BHP has made a significant move in Botswana’s burgeoning copper sector, inking a $25m (A$39.6m) earn-in agreement with Cobre Limited to explore the promising Kitlanya East and Kitlanya West copper-silver projects. This investment marks a major vote of confidence in the Kalahari Copper Belt’s potential …

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The Rise of Premium Resources: A Tale of Resilience and Opportunity in Botswana

On February 20, 2025, the bustling cityscape of Toronto buzzed with excitement as news broke about Premium Resources Ltd., an Australian mining company making waves in the financial markets. Known for its strategic vision and commitment to sustainable mining practices, Premium Resources had announced a significant upsize to its non-brokered …

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Sandfire’s Motheo benefit from economies of scale

Australian mining company Sandfire says its Motheo mine continues to redefine the potential of the Kalahari Copper Belt. According to the company’s latest update, Motheo mine has reduced its unit cost guidance, as it benefits from greater economies of scale and a further contraction in treatment and refining charges. “Following …

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