Copper

Cobre, a junior copper and base metals explorer, has raised A$6.7 million to help finance exploration costs at its Botswana joint venture with Metal Tiger. The ASX-listed company raised an initial A$5.3 million through a 17c-per-share first tranche share placement. In the first tranche, the company’s existing placement capacity was …

Khoemacau Copper Mining’s and Cupric Canyon Capital’s Khoemacau project is a breath of fresh air for Botswana’s mining industry, which has recently experienced setbacks, including the closure of BCL’s nickel-copper mine in Selebi-Phikwe. The new mine, which is located in the Kalahari Copperbelt,’ is referred to by Khoemacau Copper as …

According to Mmetla Masire, the Botswana permanent secretary for the Ministry of Mineral Resources, Green Technology and Energy Security, the country has picked Premium Nickel Resources Corp. as the preferred bidder for its shuttered copper mining group BCL Ltd. Before making an offer for the state-owned miner, Trevor Glaum, the …

The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact …

Base metals have climbed this month on signs of progress in developing a drug to combat Covid-19, which would help economies reopen and global growth recover. But there are still immediate fears that fresh lockdowns – especially in the US – could bring renewed pressure on economic activity. The Trump …

The Khoemacau Mine is set to be the only copper operational mine in diamond-rich Botswana after two other copper mines were placed under liquidation. The country’s newest and only operational copper mine is expected to start production in 2021 with annual output building to 60,000 tonnes of concentrate, its executive …