Business

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, …

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 …

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%. …

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 …

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 …

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 …

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 …

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 …

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 …

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 …