Tag Archives: botswana

Botswana Diamonds yields control of South African project to contractor

Botswana Diamonds (LON:BOD) has signed a contract with Palaeo Minerals covering full-scale mining activity at the Thorny River project in South Africa, which the company believes will become its first operating mine.

The agreement, which sees Botswana Diamonds handing over control to the contractor, will allow the company to self-fund the project from bulk sampling through to mine development, it said in a statement.

In return, Botswana Diamonds – through its partner Vutomi – will receive a 12% net royalty revenue and a further 8% to cover state mineral royalties, sales and security expenses. The balance of the project will be owned by the operator, Palaeo Minerals. Indicated net royalties could be between $2 million and $7 million a year.

Company believes the Thorny River…

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South Africa grab late, late win to break Botswana hearts

They head the pool from East African guest nation Uganda, who won their opener and must now play Namibia on Saturday to see if they can keep …
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Toys R Us expands African footprint to Botswana

DURBAN – Toys R Us and Babies R Us South Africa is expanding their African footprint by opening a store in Botswana. 

The store will be a combination of both of the brands and it is expected to launch in October. The company has stores in other African countries like Namibia and Zambia. 

The move to expand comes after the international brand which trades independently from South Africa struggled abroad, however, the South African brand was not affected. 

Nicole Annells, the marketing manager of Toys R Us and Babies R Us South Africa said: “Increasing our footprint into Africa allows us to extend our presence in the continent. 

“We are looking forward to opening this fantastic new store and can’t wait to give our new Botswana customers access to our quality toy and baby products.”

Botswana Ambassador Bids Farewell to the African Union

Addis Ababa, Ethiopia, 23 August 2018- The outgoing Botswana Ambassador bade farewell to the African Union on 23 August 2018 after serving her term as a Permanent Representative to the Union.
H.E. Mmamosadinyana P. J Molefe, Ambassador of the Republic of Botswana, paid her farewell courtesy calls to the Acting Chairperson of the AU Commission, H.E Amira Elfadil, and Commissioner for Social Affairs, at the Union’s headquarters in Addis Ababa, Ethiopia. Amb. Mmamosadinyana P. J Molefe expressed her government’s appreciation of the work and cooperation between the AU and the Government of Botswana.
H.E. Amira Elfadil thanked Ambassador Molefe for her active participation and contributions during Permanent Representatives Committee (PRC) meetings and expressed gratitude for the cooperation that…

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The African Chieftain Tour That Saved Botswana | Flashback

As an enthusiastic ally of the British, Khama III, chief of the Bangwato people and a committed Christian, didn’t think twice when Cecil Rhodes asked for assistance in defeating Khama’s sworn enemies, the Amandebele.

It was only after the successful campaign, when Rhodes branded Khama a coward in his own kgotla (court) for not wiping out the Amandebele, that Khama realized “he was next, and Rhodes wasn’t like the other Brits,” says Neil Parsons, author of King Khama, Emperor Joe and the Great White Queen.

Two years later, in 1895, Khama and two other Botswana dikgosi (chiefs) upset Rhodes’ imperial game plan by deploying an improbable tactic: a PR tour of Britain.

Thanks in no small part to the efforts of the three chiefs, Bechuanaland was spared…

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*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.

Botswana Diamonds grabs rights for ‘high potential’ S. African prospect

Shares in London-listed Botswana Diamonds (LON:BOD) received a fresh shot in the arm on Wednesday after the miner said it had been granted rights to explore a piece of land close to the Venetia mine, operated by De Beers, which delivers around 40% of South Africa’s annual diamond production.

The miner believes past explorers “systematically under-estimated” the grade and diamond quality of the 2.5-hectare Mooikloof kimberlite pipe concession, which is also adjacent to another mine — Oaks —, which was also owned and operated by De Beers. That’s why it plans to re-evaluate the prospect.

The Mooikloof concession is close to the Venetia mine, operated by De Beers, which delivers around 40% of South Africa’s annual diamond production.

“We are pleased to finally be…

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*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.