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The sale of rough diamonds at Botswana’s Debswana Diamond Co fell 17% in the first six months of the year, data released by the central bank showed, amid a weak market underpinned by global macroeconomic uncertainty. Debswana, a joint venture of Botswana and Anglo American Plc’s unit De Beers, sells …

A new deal Botswana signed this month with De Beers will give it access to more diamonds and help it secure 10 billion pula ($762 million) in development funding, President Mokgweetsi Masisi said in an interview. The 10-year arrangement between the gem giant, a unit of Anglo American Plc, and …

SKF LGGB 2 is a biodegradable, low toxicity, synthetic ester, oil-based grease that has been specially formulated to suit any application where there is the potential of environmental contamination. During the equipment lubrication process, it is not always possible to prevent some grease from leaking. “In applications like agriculture and …

The global energy landscape is undergoing a profound transformation, driven by the need for cleaner and more sustainable alternatives. Hydrogen, often referred to as the “fuel of the future,” is emerging as a promising solution that has the potential to revolutionise the energy sector in Africa and beyond. The 16th …

RadX Construction, the result of a successful merger between the Fenix and Berry Juice groups of companies in 2022, has swiftly emerged as a multi-discipline construction firm that stands out in the industry. With a strong presence in Zimbabwe, Mozambique, South Africa, and Botswana, RadX is dedicated to serving the …

Botswana and De Beers Group have agreed to a new diamond sales deal in which the world’s No. 1 diamond producer by value, gradually increases the share of rough stones it gets from their joint venture Debswana over the next decade to 50%, the government and the mining company said …

London-based private equity firm Actis has agreed to sell its 100% stake in African green energy platform BTE Renewables to French companies Engie and Meridiam in a deal valued at $1bn. Under the Sales and Purchase Agreement signed with Actis, Engie will acquire BTE’s South African assets while Meridiam will acquire the …

Glencore is committed to implementing the UN Guiding Principles on Business and Human Rights and upholds the UN Declaration of Human Rights and the International Labour Organization Declaration on Fundamental Principles and Rights at Work. Community-focused support by Glencore in Kolwezi, Lualaba Province of the DRC, to help provide access …

Earlier this year Epiroc and SSAB announced a further expansion of their partnership to secure fossil-free steel for use in the production of Epiroc’s mining equipment. Since then, the two companies have expanded their collaboration into also exploring the possibilities to use fossil-free steel when manufacturing spare parts and components …

Street Talk can reveal the company has hired RBC Capital Markets to help prepare an indicative bid for Khoemacau Copper Mining in Botswana, which is expected to be worth north of $US2 billion ($3 billion). The up-for-grabs Khoemacau has nameplate annual production of 60,000 tonnes copper and 2 million ounces …