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Recovery Stalls as Diamond Stockpile Hits 12 Million Carat Peak

By : Tshepo Donald  Botswana’s bid to revive its flagging economy has hit a significant roadblock as the national diamond inventory has surged to nearly double its target level. Botswana, which ranks as the world’s second-largest diamond producer after Russia, held a staggering 12 million carats in its vaults at …

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FUCHS Takes On Mining’s Skills Gap

As skills shortages tighten their grip on Africa’s mining sector, FUCHS LUBRICANTS SOUTH AFRICA is reframing its role in the industry, from product supplier to on-the-ground reliability partner focused on rebuilding maintenance capability. At Mining Indaba 2026, the company is spotlighting how targeted technical support, condition-based lubrication and hands-on coaching …

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How and Where to Own a Piece of Botswana’s Treasure

Botswana’s world-class diamonds are not just for investors or big industry players but they are also accessible to the public. Locals and visitors can legally purchase these precious gems through licensed retailers, authorised jewellery outlets and beneficiation companies across the country. While rough diamonds are sold through regulated channels, Botswana …

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Tsodilo Eyes Rare Earth Drill Push in Botswana

A new rare earth drilling programme is planned for 2026 at the Gcwihaba project in Botswana, as Tsodilo Resources targets an initial mineral resource estimate in support of the country’s accelerating mining diversification drive. The company said it is planning up to 15,000 metres of drilling, marking a key step …

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Lucara Boosts Karowe Funding to C$165m

Strong investor demand has prompted an expansion of Lucara’s previously announced non-brokered private placement to C$165 million, as the company accelerates development of the Karowe underground project (UGP) in Botswana. The Vancouver-based miner will issue up to 1.03 billion common shares at C$0.16 per share, more than doubling its original …

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