United Arab Emirates (UAE) government organisation the Dubai Multi Commodities Centre (DMCC) has signed a memorandum of understanding (MoU) with Botswana diamond marketing organisation Okavango Diamond Company (ODC). Under the terms of the MoU, the two parties will work together to promote the diamond industries in the UAE and Botswana …
Read More »The year of opportunity for oil and gas companies in Africa
The oil and gas industry faced a tough year in 2021. According to The State of African Energy 2022 this was a result of a drop in global demand, which resulted in a fall in oil prices. This led to companies cutting budgets and delaying future projects. The sharp slowdown …
Read More »SKF’s adjustable chocks allow easy mounting
SKF’s expanded range of adjustable chocks helps improve the technical and economic performance of rotating equipment – from engines and generators to motors and gearboxes SKF has developed a new range of adjustable chocks with higher load capacity and an increased adjustment range. The chocks can be used in many …
Read More »MTE aims to nurture mining and related industries, says organisors
This month, the renowned Mining and Technical Exhibitions (MTE) Botswana, takes place in three locations-Letlhakane, Palapye and Jwaneng. The MTE events will take place throughout the country and other African countries with the main aim being to nurture the mining and related industries by showcasing the latest technologies and solutions …
Read More »Botswana, Zambia set to hog limelight at the 2022 Mining Indaba
Restoring confidence in Zambia as a mining investment destination and diversification of the mining industry in Botswana and pushing for greater innovation in the sector are set to be key messages at the upcoming 2022 Investing in African Mining Indaba. The President of Botswana, Dr Mokgweetsi Eric Keabetswe Masisi, is …
Read More »Okavango Diamond sells $900m worth of rough diamonds
Okavango Diamond Company sold $963 million of rough diamonds last year, this is according to Dennis Tlaang, a company spokesman who also added that the revenue was the most since the company began operations in 2012, he said. The sales are reportedly Botswana’s state-run record revenue with sales surging almost …
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 »Vast Resources pull out of Gem Diamonds Botswana joint venture
Vast Resources has informed the Boards of BOD and Gem Diamonds that they do not intend to proceed with acquiring Gem Diamonds Botswana, a wholly-owned subsidiary of Gem Diamonds, for a cash consideration of US$4 million. The Board of BOD has identified alternative potential partners to replace VAST as its …
Read More »Our team is doing well despite new construction challenges: Sandfire
Sandfire MD and CEO Karl Simich has explained that their construction team at Motheo Copper mine in Botswana is doing well despite hardships that come with new construction projects. The Copper miner is on track to start the first production at its Motheo copper mine, in Botswana, in the first …
Read More »Truck brands supply-chain disruptions set to put pressure on vehicle prices
Tata International Africa and Tata Africa Holdings MD Len Brand believe that there is no end in sight for the current supply-chain disruptions affecting truck brands. “These disruptions will eventually put pressure on vehicle prices, resulting in a negative impact on truck sales.” Brand says the shortage in components owing …
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