Botswana

Hana announces positive preliminary economic assessment for the Ghanzi Copper-Silver Project

VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 14, 2012) – Hana Mining Ltd. ("Hana" or the "Company") (TSX VENTURE:HMG)(FRANKFURT:4LH) is pleased to announce the positive results of its initial independent National Instrument 43-101 compli…

Lucara's Botswana mine yields first diamonds

Lucara's Karowe diamond mine in Botswana has yielded its first precious stones.

Botswana's diamond exports soar in February

Botswana's diamond exports surged forward in February for the first time since October 2011. The country's polished and diamond exports of $306.5 million are a 181.2 percent increase over January's exports.

Botswana braces for De Beers relocation, diamond buying jet set

The relocation of the mining giant's sales and marketing arm's headquarters to the Botswana capital could lead to around $6 billion flowing though the country’s banking system, compared to the $2 billion or so the country earns from rough sales at the moment.

Botswana Diamonds releases sparkling interim results

London-listed diamond junior Botswana Diamonds (LON:BOD) forecasts a cheerful future for the diamond market, despite it sliding into the red in the six months to the end of December with a pre-tax loss of over US$327,000.

Petra Diamonds reveals encouraging results at Kukama East project

Petra Diamonds has revealed highly encouraging drilling and microdiamond sampling results from the Kukama East project area in central Botswana.

Botswana’s government to trade diamonds

The government of Botswana has established a new diamond trading company that will be responsible for the purchasing, selling and marketing of the state’s portion of Debswana Diamond’s production.

EU Commission gives Anglo American the green light for De Beers takeover

Anglo American (LON:AAL) can officially take over De Beers as the European Commission granted the global miner authorization to proceed with its acquisition of the world's biggest diamond company, announced in November.

3 Indian firms get diamond processing licences in Botswana

The opening of Botswana as a major diamond trading hub has opened a new window of opportunity for Indian processing companies.

Hana Mining pops 4% on good intercepts

Hana Mining moved up 4.32% today on positive drill results from its exploration property in Botswana.

Diamondcorp recovers gem quality stones at Jwaneng South

DiamondCorp (LON: DCP) said today its latest drilling at Jwaneng South in Botswana had recovered 23 macro diamonds of mostly clear gem quality.

Debswana sheds 700 jobs, citing need to cut costs

Mmegi Online is reporting a major downsize has taken place at Debswana, a partnership between the Botswana government and De Beers.

Botswana paper says De Beers' struggling Canada mines forced Oppenheimers to sell

Botswana Guardian argues the canny Oppenheimers seem to be getting out of the diamond business because its future looks bleak. De Beers is currently in financial straits occasioned by its underperforming mines – Snap Lake and Victor Mines – in northern Canada where costs are extremely high writes the paper.

"No coal depletion threats in Botswana"

The Plant Manager of Morupule Colliery, Matthews Bagopi, says unlike with other commodities that are expected to run out soon in Botswana, there are no threats of coal depletion because there are sufficient ore deposits to support the country for a long time.

Lucara Diamond says AK6 in Botswana now 84% built, Lesotho project nearing pre-feasibility

Lucara Diamond Corp. ("Lucara" or the "Company") (TSX:LUC)(BOTSWANA:LUC) is pleased to provide the following update on the development of its AK6 diamond mine in Botwsana which is rapidly nearing completion as well as the trial mining program at the Mothae diamond mine in Lesotho which, based on continued good results, will soon be moving into the pre-feasibility stage.

London diamond sorting, sales moved to Botswana

Botswana aims to transform itself into an international hub of the world diamond industry, boosted by a deal in which the De Beers mining and sales empire will transfer the sorting, valuing and selling of rough diamonds from London to Gaborone by the end of 2013.

The agreement also provides for Botswana to sell 10 percent of its diamonds independently of De Beers, rising to 15 percent in five years' time. Gaborone's Mmegi newspaper reported Tuesday that all 66 of De Beers' sightholders from around the world are expected to travel to Gaborone at least ten times a year. Africa's failure to add value to resources within their countries of production has long been identified as a major hindrance to the continent's growth.

De Beers inks new 10-year deal with Botswana

Diamond producer De Beers said on Friday it had signed a new 10-year contract for the sorting, vaulting and sales of the diamond production of Debswana, its joint venture with the government of Botswana. De Beers, 45 percent-owned by global miner Anglo

De Beers, Botswana deal agreed

Nine months overdue, the diamond marketing contract between the Government of Botswana and De Beers will finally be signed tomorrow in Gaborone, Mmegi reported on Thursday.

Botswana Diamonds gets exploration licence…

BG reporter Botswana Diamonds was awarded a 430 square kilometre exploration licence in Cameroon and it plans to begin a bulk sampling programme in late 2011 to examine diamond potential in the area, the company reported. Positive results from our

Botswana to lift coal licence moratorium

PERTH − Botswana, which is seeking to diversify its mining output away from diamonds, would lift a moratorium on new coal prospecting licences by the end of the month, Trade and Industry Minister Dorcas Makgato-Malesu said on Friday. Botswana froze the

Botswana will lift a moratorium on new prospecting licences for coal

It has been reported that Botswana will lift a moratorium on new prospecting licences for coal, coal-bed methane and related minerals by the end of September. Topics: International; Legislation / Governance Countries: Botswana Industries: Coal Mining

Botswana diamond tender facility takes shape

Spadework has begun on construction of a trading facility at Diamond Technology Park (DTP) in Gaborone, marking the first stage of what will become a platform for independent tenders for local, regional and international diamond producers and buyers.

The secrets of diamond mining are forever

24/7 Wall St says the global diamond mining industry may be one of the world’s best-kept secrets and diamond mining is not unlike the oil business, where about 100 massive fields supply about half the world’s oil.

Hana Mining updates drilling at copper-silver Project in Botswana

Hana Mining announced Tuesday its most recent drilling results from the completion of 13 infill diamond drill holes at the Banana Zone at its Ghanzi sediment hosted.

Botswana world’s top diamond producer in 2010

The Economic Times reports Botswana is the world’s biggest rough diamond producer by value in 2010. According to statistics release by the Kimberley Process, a UN certified scheme, despite Russia producing more rough diamonds in 2010 at 34 million carats worth around $2.38 billion, Botswana’s 22 million carats mined in 2010 were worth around $2.59 billion — $210 million dollars more than Russia.