Top Stories

Firestone Diamonds, based in the United Kingdom, has agreed to sell its Botswana mine to a local firm for only $50 000, after previous attempts to sell the mine, which was valued at $10 million in 2014, failed. In 2012, Firestone put the BK11 mine on care and maintenance, citing …

The Botswana Ministry of Mineral Resources, Green Technology, and Energy Security has issued the license renewal for Tsodilo Resources which is valid for two years beginning October 1 this year. The TSX-V company’s  renewed licence covers an area that includes the firm’s BK16 kimberlite asset. The diamondiferous BK16 kimberlite pipe …

Debswana, a Botswanan diamond company, announced the discovery of a 1,098-carat stone, the world’s third-largest of its kind. The stone, discovered on June 1, was presented to President Mokgweetsi Masisi in Gaborone on Wednesday. “It is believed to be the third-largest gem-quality find in the world,” said Debswana Managing Director …

Sandfire Resources has granted African Mining Services (AMS), the surface mining division of mining services group Perenti Global, an open-pit mining contract for the T3 pit at its Motheo copper project in Botswana. The deal is worth an estimated $496 million and is the largest single operating contract for the …

According to the Fraser Institute Annual Survey of Mining Companies 2020 study, Botswana is the most desirable mining policy in Africa. According to the Fraser mining survey’s investment attractiveness index predictor, no country in Africa is ranked higher than Botswana when it comes to improving exploration in investment. Botswana is …

Pan African quality network provider, Paratus has appointed Martin Cox as its Group Chief Commercial Officer.  Cox brings a wealth of experience as a founder shareholder of Neotel and Executive for Strategy, Commercial and M&A at Internet Solutions.  He will run the commercial operation for Paratus from Johannesburg, South Africa, …

The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact …

Botswana is preparing to construct 200 MW of CSP capacity by 2026 under a new integrated resource plan released by the government in December 2020. According to the government, the procurement process will start this year. The plan, which received the backing of Botswana and Namibia government officials and the …

Debswana Mining Company has revealed that it has terminated a $1.3 billion contract with a unit of Australia’s Thiess to extend the lifespan of its Jwaneng diamond mine and will carry out the project in-house. Debswana, which owned by De Beers and the Botswana government, declined to provide a reason …

Following the completion of a positive definitive feasibility study (DFS) on a base case 3.2-million-tonne-a-year operation, with “clear visibility” to expand rapidly to a 5.2-million-tonne-a-year operation, ASX-listed Sandfire Resources has decided to proceed with the $259-million development of the T3 Motheo copper/silver project, in Botswana. It has appointed Lycopodium to …