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Botswana Scrambles for Power as Eskom Debt Mounts

Botswana is urgently seeking to secure a new power supply agreement with South Africa as a deepening energy crisis, exacerbated by spiraling import costs, threatens to plunge the nation into prolonged blackouts. The government is also launching a major renewable energy tender in a bid to diversify its energy mix. …

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Lucara Takes Direct Control of Karowe Underground Project

Lucara Diamond Corp. has announced a strategic shift in the management of its Karowe underground project (UGP) in Botswana. Effective 31 March 2025, Lucara will terminate its Engineering, Procurement and Construction Management contract with JDS Energy & Mining Inc. and transition to owner-managed operations for all site-based contracts and activities. …

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