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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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Business Continuity and Connectivity during COVID-19

The COVID-19 pandemic continues to present a truly global challenge, birthing the most disruptive and life-changing events that have brought our beloved Botswana and the rest of the world to a perpetual standstill since early 2020. Businesses continue to be impacted, predominantly from a sales and human resources perspective, largely …

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Digitalization, an essential part of the X-Energy Solution

Automation and digitalization of processes have the potential to improve safety, efficiency, and environmental impact in all mining operations. In an industry where data is being generated daily through digitized processes, Data Science methods are becoming instrumental to enhance decision making and guide the sustainability of the operations. “The Data …

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Funding update on Lesedi power project

The ASX, AIM, and BSE-listed TLOU Energy has proposed raising US$2.6 million to fund the Lesedi project. Tlou Energy’s proposed placement will be used to fund the construction of a 66KV transmission line connecting its Lesedi project to the existing Serowe, Botswana, electrical grid, as well as a field operating …

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De Beers Group is optimistic about business this year

Due to the encouraging demand for diamonds since the beginning of the year, blue chip diamond company De Beers Group is optimistic that its business will rebound this year compared to 2020. While reporting the Group’s 2020 financial results, De Beers Executive Vice President Diamond Trading, Paul Rowley, stated that …

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