Getting behind the renewed enthusiasm of the upcoming Investing in African Mining Indaba in Cape Town, Omnia Group company BME will be face-to-face with the mining industry at its exhibition booth. “Everyone is looking forward to the interaction at this year’s Indaba, giving a boost to the positive momentum currently …
Read More »SEW-EURODRIVE joins the Mining Indaba community
For the first time in its history, drives and automation specialist, SEW-EURODRIVE will be exhibiting at the Mining Indaba at the Cape Town International Conference Centre next week. On its return to the CTICC, the Mining Indaba is looking forward to a reunion like no other and SEW-EURODRIVE is proud …
Read More »GNRI considering other options for its Khoemacau Copper Mine in Botswana
It is reported that Global Natural Resource Investments (GNRI) is considering selling its Khoemacau copper mine in Botswana, according to sources familiar with the situation. The private equity firm is working with an undisclosed adviser to find potential buyers for the mine, and it is also considering other options for …
Read More »Botswana Diamonds’ Thorny River evaluated for the possibility of developing a diamond mine
Botswana Diamonds’ Thorny River property in South Africa’s Limpopo province has been evaluated for the possibility of developing a diamond mine, according to the company. According to the London-Aim and Botswana Stock Exchange-listed company, the analysis indicates potential opencast options. According to Botswana Diamonds chairperson John Teeling, the evaluation shows …
Read More »President Cyril Ramaphosa to attend Mining Indaba 2022
The President of South Africa, President Cyril Ramaphosa, is confirmed to attend 2022 Investing in African Mining Indaba, taking place in Cape Town from 9 – 12 May 2022. The President will deliver a Keynote Address on Tuesday, 10 May. The President’s attendance, along with Minister of Mineral Resources and …
Read More »Mozambique agree to a Power Purchase Agreement intended to meet Botswana’s growing electricity demand
Under a one-year contract signed on Thursday between EDM and the Botswana Power Corporation, Mozambique’s publicly owned electricity company will provide 100 megawatts of non-firm power to Botswana (BPC). The capacity agreed to under the Power Purchase Agreement (PPA) is intended to help meet Botswana’s growing electricity demand. However, EDM’s …
Read More »Botswana also provides a favourable mining jurisdiction in which to operate, says Kavango Resources
Following his recent return from Botswana, where he conducted an extensive review of the company’s operations, Kavango Resources’ portfolio of projects presents encouraging exploration potential, while Botswana also provides a favourable mining jurisdiction in which to operate, says COO Brett Grist in an operational update to shareholders. “Botswana has a …
Read More »Copper Price Rising amidst China Lockdown
On 4 April 2022, the copper price rose despite lingering demand concerns in top consumer China. Copper for delivery in May rose 2.3% from 1 April 2022’s settlement price, touching $4.790 per pound ($10,538 per tonne). Trading was sluggish as Chinese financial markets were closed for a public holiday, but …
Read More »Time for Botswana to pivot to other resources?
Botswana has long stood near the top of the diamond industry. In the face of flagging prices and declining sales, however, it may be time for the region to pivot to other resources. Battery metals such as manganese represent a considerable opportunity for the region and hold great promise for …
Read More »Ditau has identified 12 airborne magnetic targets at its REE project in Botswana
The Ditau rare earth element (REE) project in south-western Botswana has identified 12 airborne magnetic targets, according to Aim-listed resources companies Power Metal Resources and Kavango Resources. Kanye Resources, a Botswana joint venture (JV) in which Power Metal and Kavango each own a 50 per cent stake, owns Ditau. The …
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