Mining

Botswana’s Mining Revenue sharing formula needs revision – World Bank

14 May 2017

The Botswana government has been called to ensure that communities suffering the negative impacts from mining also benefit specifically from mineral development in their areas. 

Russians cast aspersions on Botswana’s international investment accolades

07 May 2017

The Chief Executive of Russian miner, Norilsk Nickel, Michael Marriott, has accused Botswana of undeservedly earning international accolades relating to investment and credit ratings.

Debswana splashes P2.1bn to keep Letlhakane Mine going

02 May 2017

Debswana Mining Company is set to commission the Letlhakane Mine tailings project at the end of the second quarter of 2017, group Managing Director Balisi Bonyongo has said. 

Diamond production on recovery track

27 Apr 2017

A production report for the first quarter ended March 31, 2017 shows an increase in rough diamond production compared with the corresponding period in 2016. 

According to the report, production in Canada increased by 290 percent to 0.6 million carats because of the contribution of Gahcho Kué, which reached commercial production on March 2, 2017.

Sua Pan salt literally ate up BR profits

12 Mar 2017

A Deloitte forensic audit report reveals how loss-making Botswana Railways wagons used to transfer Botswana Ash salt were corroded over a protracted period of time.

BOTASH intensifies drive to diversify its products

15 Dec 2016

Botswana Ash Company (BOTASH) is currently advancing efforts to diversify its products. The company which produces soda ash and salt is already looking at manufacturing fertilizers such as potash and phosphorus.

Lights flicker out for BPC as BCL ghost rears

24 Oct 2016

For now at least, the Botswana Power Corporation (BPC) is not revealing anything but Sunday Standard learns from good sources that for as long as the BCL Mine remains closed, the Corporation will lose about P150 million a month.

‘Friendly’ EU pushes BCL deeper into the pit

24 Oct 2016

The European Union which was instrumental in setting up the Selebi Phikwe Economic Diversification Unit (SPEDU) may withhold funding for proposals to save Phikwe from turning into a ghost town.

Gov’t may have lied on reasons for closing BCL

20 Oct 2016

A leaked document has given credence to reports that the Botswana Government may not have told scores of employees at BCL Mine the truth for the sudden closure of the mine.

BCL’s long walk to “premature” death

17 Oct 2016

Amid fears that the copper mining town of Selebi Phikwe will soon denigrate into a ghost-town, and while the nation wait for economic pundits as well as the appointed liquidator to draw up a plan to help save Selebi Phikwe and nearby villages, Sunday Standard Business Editor VICTOR BAATWENG looks at a few but key “Selebi Phikwe-BCL” throwback news headlines. 

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