Copper

Khoemacau considering strategic sustainability models developed for its copper and silver mine communities

Botswana’s Khoemacau Copper Mining is focusing on environmental, social, and governance (ESG) issues, including as significant renewable energy generation and potential community development programs, while it ramps up to nameplate throughput of 3.65 million tonnes per year. Johan Ferreira, CEO of Cupric Canyon Capital and Khoemacau Copper Mining, said in …

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Botswana diversifies after Covid-19 reveals the country’s reliance on diamonds

Botswana has begun work on its first iron-ore mine, a senior government official said on Tuesday, as the country seeks rapid diversification from diamond mining. The African nation’s heavy reliance on diamonds, which account for a fifth of Botswana’s GDP and more than two-thirds of its foreign exchange income, was …

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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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Khoemacau project a breath of fresh air for Botswana’s mining industry

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 …

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Premium Nickel Resources Corp clinches Botswana’s copper mining bid

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 …

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Virus vaccine hopes propel copper to a two-year high

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 …

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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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