News

Doctored diesel is dangerous

In response to an article that appeared in Fin 24 on June 15th of this year, Gwede Mantashe, the Minister of Mineral resources and Energy, warned of the use of illuminating paraffin (IP) to doctor diesel in an attempt to defraud the revenue services and increase profits. The following article …

Read More »

Botswana bracing for Majwe Mining JV equipment auction

This week, Ritchie Bros is assisting WH Auctioneers with a mining equipment auction in Jwaneng, Botswana, using assets from the Majwe Mining Joint Venture’s end-of-mine contract. On July 8, there will be a live auction for mining equipment in Botswana. “The two companies bring unrivalled expertise and experience in their …

Read More »

Botswana further extends its flirtation with De Beers

The current deal between the Botswana government and diamond miner De Beers Group for the selling of Debswana’s supply of rough diamonds has been extended by 12 months until June 30, 2023. The two sides have agreed to the one-year extension to permit the completion of the continuing discussions, De …

Read More »

Antwerp turning out to be an important export partner for Botswana diamonds

President Masisi of the Republic of Botswana and the First lady, together with the Minister of International Affairs and Cooperation, Mr Kwape, and the Minister of Minerals and Energy, Mr Moagi, visited the Antwerp World Diamond Centre. Botswana is the second-largest diamond-producing country in the world and has continuously strengthened …

Read More »

Kimberley Process Civil Society Coalition push for the prevention of stones use to support conflict

At this week’s international conflict diamond gathering in Botswana, the Kimberley Process Civil Society Coalition harshly criticized the global diamond watchdog for refusing to discuss Russia’s invasion of Ukraine. Over top producer Russia’s invasion of Ukraine, a schism has formed within the Kimberley Process (KP), a collaboration of nations, the …

Read More »

Efficiency maximised; costs minimised: Transforming manufacturing in Africa

The African manufacturing sector has seen fractured growth over the past two years thanks to the complexities of the pandemic and its subsequent economic disruption. This is due to limited resources, impacted supply chains and the limitations of lockdowns, globally. In South Africa, manufacturing production saw a sharp decline month …

Read More »

WearCheck acquires Set Point Water Laboratories

Condition monitoring specialist company, WearCheck, has brought their sister company, Set Point Water Laboratories into the fold, adding a new division to WearCheck’s scientific testing structure. The water analysis company is now integrated fully into WearCheck, and forms yet another area of expertise along with WearCheck’s other services, which include …

Read More »

Botswana steps up efforts to reduce its reliance on imported fuel

A state oil company official told a mining conference recently that Botswana plans to build a $2.5 billion plant to convert coal into liquid fuels as the diamond-rich Southern African country seeks to reduce its reliance on imported fuel. The landlocked country currently imports all of its liquid fuels, about …

Read More »

Botswana put in motion efforts to transition from a resource-based economy to a knowledge-based one

Botswana is pursuing a number of green energy programs and projects as part of its efforts to transition from a resource-based economy to a knowledge-based one while also creating jobs. This was revealed by President Mokgweetsi Masisi during a keynote address at the Botswana World Economic Forum (WEF) post-analysis seminar …

Read More »

Ban on Russian diamonds might push prices up to the benefit of rival producers

Botswana, Africa’s top diamond producer, believes a prolonged ban on Russian diamonds will allow synthetic gems to gain market share, according to the country’s minister at a mining conference recently. In April, the United States, the world’s largest market for natural diamonds, imposed sanctions on Russia’s state-controlled Alrosa, aiming to …

Read More »