News

Deep in the heart of Botswana, where the ochre earth stretches under an endless African sky, lies a treasure trove that has transformed a nation. The Jwaneng Diamond Mine, affectionately dubbed the “Prince of Mines,” isn’t just the richest diamond mine on the planet, boasting an estimated value of a …

Australian mining services giant Perenti’s underground arm, Barminco, is set to end its six-year stint at MMG’s Khoemacau Copper Mine in Botswana by June 30, 2025, the company announced this week. The move comes as Barminco sharpens its focus on more profitable ventures, including a lucrative A$120 million (approximately $74 …

The winds of change are blowing through the Tonota District Council (TDC) as its ambitious chairperson, Neo Sefume, unveils bold plans to unearth the region’s hidden mineral wealth and steer it away from its reliance on diamond revenues. Speaking exclusively to Mmegi, Sefume revealed that the council is actively identifying …

Poised for a major growth surge in Botswana, Premium Resources has unveiled a bold six-month strategy aimed at fast-tracking development across its critical metals projects. With a keen eye on production readiness, the Canadian-based explorer is turning up the heat at its flagship Selebi and Selkirk assets through intensive drilling, …

In a dramatic shift of fortunes, Botswana’s copper exports have surged past the P10 billion mark for the first time in history, providing a significant economic buffer amidst a slump in the diamond sector. Buoyed by robust production from new mines and soaring global prices for the red metal, copper …

The mining sector of the continent is showing no signs of slowing down as Africa draws increasing worldwide attention in its vast mineral resources. The next African Mining Week, scheduled for October 1-3, 2025 in Cape Town, intends to highlight the sector’s ever more central part in economic growth as …

Botswana is urgently seeking to secure a new power supply agreement with South Africa as a deepening energy crisis, exacerbated by spiraling import costs, threatens to plunge the nation into prolonged blackouts. The government is also launching a major renewable energy tender in a bid to diversify its energy mix. …

The burgeoning coal mining sector in Botswana has received a significant boost with the successful development of the nation’s third major coal mine, a project owing much of its progress to the expertise of independent geological consultants, Gemecs. Situated near Mookane in the Mmamabula Coal Field, this ambitious venture is …

Lucara Diamond Corp. has announced a strategic shift in the management of its Karowe underground project (UGP) in Botswana. Effective 31 March 2025, Lucara will terminate its Engineering, Procurement and Construction Management contract with JDS Energy & Mining Inc. and transition to owner-managed operations for all site-based contracts and activities. …

AFSIC – Investing in Africa allows companies raising capital the opportunity to connect with a variety of different investors including the top DFIs and private equity funds. While opportunities to network, pitch and be profiled on site are unmatched, African Investments works alongside AFSIC year-round to provide companies raising capital …