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Botswana names Canadian firm as preferred bidder for copper mine

By: Bloomberg 14th February 2021 Botswana picked Premium Nickel Resources as the preferred bidder for its shuttered copper mining group BCL, according to Mmetla Masire, the permanent secretary for the Ministry of Mineral Resources, Green Technology and Energy Security. The privately owned Canadian minerals investor has six... →

Tsodilo concludes second tranche of private placement

By: Marleny Arnoldi 11th February 2021 TSX-listed Tsodilo Resources has closed the second and final tranche of its private placement financing for gross proceeds of $150 000. The company issued 300 000 shares at a price of C$0.50 apiece. →

On-The-Air (05/02/2021)

By: Martin Creamer 5th February 2021 South Africa’s mining industry is at the ready to make big investments into electricity generation. The Northern Cape this week received another boost with the announcement of a new mining development. This week’s Mining Indaba saw Botswana going all out to attract new investment in exploration. →

Orion Minerals, Eskom, Botswana's non-diamond exploration make headlines

5th February 2021 Mining Weekly Editor Martin Creamer unpacks Orion Minerals’ latest acquisition in the Northern Cape, Eskom supporting increasing the licensing exemption threshold for self-generation to 50MW and, Botswana intensifying its effort to attract non-diamond exploration. →

Debswana diamond exports fell 30% in 2020

By: Reuters 29th January 2021 Exports of rough diamonds mined by the Debswana Diamond Company fell 30% in 2020, statistics released by the Bank of Botswana showed Friday, as the coronavirus pandemic hit demand and global travel restrictions impacted trading. Debswana, a joint venture between Anglo American unit De Beers and... →

Raubex

29th January 2021 Firmly entrenched as an Africa-based diversified heavy engineering company, Raubex Group continues to excel as a world-class player in the heavy construction sector, with a focus on infrastructure development. Founded by industry legend Koos Raubenheimer in 1974, the company has a proud record of... →

Botswana's private coal miner to double output if it wins Eskom contract, says CEO

By: Reuters 22nd January 2021 Botswana's privately owned coal miner Minergy will double its output by opening a new mine if it wins a contract to supply coal to South Africa's biggest power utility Eskom, its chief executive officer said in a statement on Friday. Minergy was shortlisted to supply to Eskom's Tutuka power... →

Barloworld restructures its Motor Retail business in R947m deal

By: Irma Venter 22nd January 2021 Barloworld has entered into an agreement with NMI Durban South Motors (NMI-DSM) to dispose of its Motor Retail business as a going concern for R947-million. NMI-DSM is a joint venture of the Barloworld group, in which Barloworld holds a 50% interest alongside the Akoo family. →

Botswana Diamonds publishes first 3D model of Thorny River kimberlite

By: Creamer Media Reporter 17th December 2020 Diamond exploration company Botswana Diamonds has published a three-dimensional (3D) model of a newly discovered kimberlite pipe at its Thorny River project in South Africa. “This is our first three-dimensional model of the kimberlite on Thorny River and thus represents an important step in the... →

De Beers extends 10-yr Botswana sales deal on coronavirus delays

By: Reuters 15th December 2020 Diamond miner De Beers said on Tuesday it had extended a ten-year sales agreement with Botswana by a year due to logistical challenges caused by the coronavirus pandemic, allowing the two sides more time to negotiate. The Anglo American unit, which is 15% owned by the government of Botswana, saw... →

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