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According to a recent assessment published by the International Renewable Energy Agency (IRENA), Botswana’s wind and solar electricity, as well as copious biomass wastes, can be used to enhance access to energy services. The assessment, titled Renewables Readiness Assessment: Botswana, stated that short-to-medium-term actions in the areas of policy, regulatory, …

According to financial services provider Absa Bank Botswana, Botswana’s economy is on the mend, aided by the mining sector. “Botswana’s economic recovery is underway with an improving outlook for diamond demand buoying medium- to longer-term prospects. Rough diamond prices are recovering in line with stronger demand in key markets, such …

The 2022 edition of Investing in African Mining Indaba, originally scheduled for February has been moved to May 2022. Organisers of the event said the decision was made following extensive consultation with partners, key stakeholders across the mining value chain and government ministers. “Collectively we decided, due to ongoing challenges …

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 …

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 …

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 …

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 …

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 …