News

Minergy Limited on drive to reduce debt, and boost output

Minergy Limited, Botswana’s only privately-owned coal miner, has revived plans to list its shares on the London Stock Exchange (LSE) to reduce debt and boost output amid a global commodities boom, according to its chief executive officer. Minergy shelved plans for an initial public offering on London’s junior AIM stock …

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Botswana sign MoU with mining firms to fund purchase of covid vaccines

The Republic of Botswana’s government has signed an agreement with De Beers, a diamond mining company, under which the latter will fund the purchase of half a million Covid-19 vaccines for the country. Debswana and Botswana’s Diamond Trading Company also contribute to the venture (DTC Botswana). De Beers Group and …

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UMS prepares to bring in the heavyweights for shaft sinking at Karowe Mine

United Mining Services (UMS) is preparing to pre-sink two shafts for the Karowe Underground Mine Expansion Project (UGP) in Botswana, with a team comprised of some of the most experienced professionals in shaft sinking. Following the completion of the feasibility study for the Karowe UGP, Lucara Botswana Pty Ltd and …

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Okwa Diamonds purchases Ghaghoo Mine from Gem Diamonds

Gem Diamonds (LON: GEMD), a company focused on Africa, is selling its Botswana subsidiary to Okwa Diamonds, which is owned by Vast Resources (LON: VAST) and Botswana Diamonds (LON: BOD). The mothballed Ghaghoo in central Botswana, which Gem acquired from De Beers in 2007, is Okwa Diamond’s main target. The …

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Demand for green metals spelling good news for Southern Africa

Tin is one of a number of metals causing a stir around the world these days because of its potential to help the world decarbonize. The significance of this trend cannot be overstated. Unlike the previous metals supercycle, which was fueled by the Chinese economy’s urbanization and thus tied to …

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Sandvik demonstrates its commitment to miners in Southern Africa

Sandvik Mining and Rock Solutions have relocated its South African headquarters to brand new, purpose-built premises in Kempton Park, near Johannesburg, in a strategic move that it claims will consolidate its resources and further enhance its customer service. The state-of-the-art Khomanani facility includes three large workshop areas and office space …

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The African Oil & Gas Sector Needs An Energy Boost

The past 18 months have torn through industry and sector globally, leaving behind complex layers of economic instability and financial growth uncertainty. For the oil and gas sector, these months have hit the bottom line like a hammer – as the African Energy Chamber (AEC) Africa Energy Outlook 2021 report …

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Sales of rough diamonds in Botswana increase by 41%

According to figures released by the Bank of Botswana on Thursday, sales of rough diamonds in De Beers’ Botswana unit increased by 41% in the first half of 2021, owing to the reopening of key markets such as the United States and China. Debswana Diamond Company, a joint venture between …

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Botswana contract SA firm for its new online mining cadastre system

The Botswana Ministry of Mineral Resources, Green Technology, and Energy Security recently awarded Spatial Dimension South Africa, a subsidiary of Trimble, a hardware, software, and services technology company, a contract to design and implement an online mining cadastre system. Botswana Geoscience Institution is the contracting authority. Working with the local …

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Kalahari Automation Distributors appointed as Rockwell Automation’s new authorised distributor in Botswana

Kalahari Automation Distributors (KAD) has been appointed as a new authorised distributor in Botswana by Rockwell Automation. Botswana’s industrial terrain is fascinating, with an abundance of mineral deposits and a paucity of water, and it stands to gain from industry-leading automation and control technology. KAD is Botswana’s leading supplier of …

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