Friday, July 30, 2021

Mining

Dan Mahupela: An eccentric miner wrestling to raise BCL from the dead

“It has been a difficult few months. I'm glad I am now able to sleep,” Dan Mahupela says with a wry smile in his...

Tati Nickel hunts for contractor to replace Moolman Mining

Tati Nickel Mining Company (TNMC) will in the near future engage another mining contractor to take over from Moolman Mining Botswana. TNMC Public Relations...

500 to lose their jobs as Moolman Mining shuts down

Over 500 employees are expected to lose their jobs as Moolman Mining Botswana-the company that was contracted by Tati Nickel Mining Company (TNMC) to...

Cash flow crisis cripples BCL

Government has rejected a request by BCL copper and nickel mine in Selibe Phikwe for a P1.5 billion equity injection.Government has instead told BCL...

De Beers confirms Russia toppled Botswana as number one diamond producer

The De Beers Group of Companies' Diamond Insight Report 2015 released recently has confirmed Russia's move to the top of the table of global...

BCL facing financial ruin

Government faces a difficult task of  bailing out BCL mine in Selibe Phikwe, Sunday Standard can confirm.In an interview the BCL General Manager, Dan...

Three large diamonds recovered at Karowe Mine

Lucara Diamond Corporation has this past week recovered a number of exceptional diamonds at its Karowe Mine in Botswana.  The company said the resource is...

Lower realised diamond prices impact on Gem Diamonds revenue

Gem Diamonds, the UK based owners of Ghaghoo diamond mine in Botswana, has been hit by challenging market conditions as it reported lower revenues...

Tlou Energy eyes AIM dual listing to raise funds for Botswana projects

Tlou Energy, the Southern Africa focused natural gas explorer has told its shareholders that it is investigating the possibility of a dual listing on...

In SADC, mining companies a major conduit of illicit financial flows

As African nations ratchet up the war against illicit financial flows (IFF) and indigenous scholar-activists lend intellectual support to the cause, mining companies have...