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London, UK – Oscillate PLC has unveiled a new corporate identity, Serval Resources, reflecting a strategic pivot toward copper and “future metals” critical to the energy transition and the digital economy. The listed entity on the Aquis exchange will operate under the Serval brand name and plans to officially adopt …

As Botswana seeks a greater ownership stake in De Beers and Angola eyes a potential interest, diamond veteran Martyn Charles Marriott is advocating for a radical return to industry collaboration, proposing a diamond equivalent of OPEC to stabilize the fragmented market. Marriott, a former De Beers executive and key consultant …

The state-owned Okavango Diamond Co. (ODC) has made a “prudent decision to withhold” nearly one million carats of rough diamonds after an ad-hoc auction failed to meet its reserve price, signaling the government’s refusal to concede to falling global prices. The late September “closed” tender, which saw no gems sold, …

The government of Botswana has begun enforcing a new regulation requiring mining companies to sell a 24% stake in new concessions to local investors if the government opts not to acquire the stake, the Ministry of Minerals and Energy announced on 10 October 2025. The rule, first proposed last year …

A 30-metre dome at Morupule B reveals the infrastructure gaps holding back Africa’s power grids and the South African scaffolders filling them. Botswana’s energy crisis doesn’t fit the usual narrative. There’s no shortage of coal at the Morupule B Power Station, the country sits on substantial reserves. The problem is …

Botswana’s diamond-dependent economy is facing a significant downturn, with the International Monetary Fund (IMF) warning that the slump in the global diamond market is dragging down growth. After expanding by 3.2% in 2023, the economy contracted sharply by 3% in 2024, primarily due to “strong headwinds” facing the diamond industry, …

The government of Botswana has set an ambitious end-of-October deadline to secure majority ownership of De Beers, a move President Duma Boko says is critical for the country’s economic sovereignty as diamond markets remain under strain. Speaking to Bloomberg Television in New York, Boko confirmed that his government is in …

Revised acquisition terms will see Kalahari Copper Limited’s Namibian assets included in a deal first announced in July, broadening the scope of Oscillate PLC’s purchase beyond Botswana. Under the new non-binding Heads of Terms, Oscillate is set to acquire both the Botswanan and Namibian portfolios, significantly expanding its presence across …

Matsiloje’s Tataki Mine formerly Tati Nickel Mine is set to reopen next week under a new U.S registered critical metals company – Global Critical Resources Corporation (GCR Group). The development comes after NIU Invest (NIU), a leading European investment company, contributed MTV, a copper mine in Chile and Tataki Mine …

Long celebrated as Africa’s diamond success story,Botswana is facing its toughest economic challenge in decades. The rise of cheaper, lab-grown gems is eroding demand for natural diamonds, threatening a sector that once accounted for 80% of the country’s exports and a third of government revenue. Across the country, the slowdown …