Botswana and De Beers are scheduled to formally sign new agreements next week, according to a communiqué issued this week. The development comes after conclusion of negotiations focused on the renewal of a sales agreement for the sorting, valuing, marketing and sales of Debswana diamonds and extension of Debswana mining …
Read More »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 …
Read More »Botswana’s Bold Economic Overhaul: President Boko’s Vision for a Diversified Future
In a decisive move to reshape Botswana’s diamond-dependent economy, President Duma Boko has announced an ambitious plan to develop new industries, dismantle the state power utility, and increase concessional borrowing. This strategy aims to address the nation’s high unemployment rate and attract private investment, steering the country towards a more …
Read More »Botswana and De Beers Seal Landmark Diamond Deal, Securing Future of Industry
In a significant development for the global diamond industry, the Government of the Republic of Botswana (GRB) and De Beers Group have successfully concluded negotiations on a new sales agreement for rough diamonds produced by Debswana, their 50:50 joint venture. This landmark agreement, reached after months of deliberation, paves the …
Read More »Blasting into the Future: BME Showcases AXXIS™ for Safer, More Efficient Mining
In a recent webinar hosted by blasting experts BME, industry leaders highlighted the transformative potential of the company’s cutting-edge AXXIS™ initiation system. This advanced technology, designed to enhance safety and efficiency in mining operations, is poised to revolutionise the industry. “Mines can save costs while enhancing safety, by applying the …
Read More »Botswana Diamonds Unearths Seven Potential Kimberlite Targets Using AI
Gaborone, Botswana – In a development that could reshape the diamond mining landscape in Botswana, Botswana Diamonds has announced the discovery of seven potential kimberlite targets through the application of advanced artificial intelligence (AI) technology. The company’s analysis, encompassing a staggering 375,000 kilometres of geophysical data and 32,000 drill hole …
Read More »Botswana Faces Economic Headwinds as Diamond Sales Slump
Botswana’s economy is facing a significant downturn, primarily driven by a prolonged slump in diamond sales, the country’s primary export commodity. Finance Minister and Vice President, Ndaba Gaolathe, has warned that the economy could contract by as much as 1.7% this year. This projected contraction would mark Botswana’s worst economic …
Read More »Botswana’s first renewable project set to be in commercial operation come July 2022
A groundbreaking ceremony for Botswana’s first renewable project to be created by an independent power producer in the Sturdee Energy consortium took place recently, marking a significant milestone in the country’s history, according to an official. The Bobonong 3 MW solar project, located around 450 kilometres northeast of Gaborone, would …
Read More »Stakeholders calling mining industries to become carbon-neutral
Botswana manganese mine developer Giyani Metals president and COO Derk Hartman has emphasised that prospective buyers of its products have made it clear that the entire supply chain must become carbon-neutral for electric vehicles manufacturers to market and sell them as carbon-neutral. He said this while speaking at the ‘Key …
Read More »Botswana accelerate deployment of renewable energy
Botswana wants to accelerate the deployment of renewable energy. The southern African country is launching a call for expressions of interest for the development of a project to build six solar photovoltaic plants. The plants will be built through public-private partnerships (PPPs) involving independent power producers (IPPs) and the state-owned …
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