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Cobre raises A$6.7M for Botswana exploration joint venture

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 …

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New Botswana copper mine lay down its programme

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 …

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