In a major development for the global uranium market, Lotus Resources Limited recently unveiled its Scoping Study for the Letlhakane Uranium Project in Botswana. The study confirmed the project’s potential to support a long-life, high-value operation, making it a significant asset in a world facing a looming uranium supply gap. This development is particularly timely […]
Thermax Limited has announced that its wholly-owned subsidiary, Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), has secured a significant order valued at Rs. 516 crore from Jindal Energy Botswana Pty Ltd. The order is for the supply of two 550 TPH Circulating Fluidised Bed Combustion (CFBC) boilers for a 600 MW greenfield energy project […]
Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a fully owned subsidiary of Thermax, has recently secured a significant contract worth Rs. 513 crore from a leading industrial conglomerate to set up a 600 MW greenfield energy project in Botswana, Southern Africa. This order marks a crucial step in meeting the escalating energy demands of […]
Arc Minerals (LSE: ARCM), a prominent exploration company, has initiated a comprehensive exploration drilling program at its Virgo Project located in the strategic Central Structural Corridor of the Kalahari Copper Belt in Botswana. This project, covered under licenses PL135/2017 and PL162/2017, marks a significant phase in Arc Minerals’ efforts to discover and develop top-tier copper […]
Amsterdam-based AAAS Energy BV (“AAAS”) and Botala Energy Ltd (ACN 626 751 620) have entered a Binding Heads of Agreement to develop 200-250 MW of Solar PV capacity at Botala’s Leupane Energy Hub and Industrial Park in Botswana. Under the agreement, AAAS will farm into 50% of the project with an investment of A$1,000,000. AAAS […]
Power Metal Resources PLC (AIM:POW), a prominent London-listed exploration company, has recently unveiled promising results from its extensive soil sampling program conducted at the Tati Gold Project in Botswana. Situated on the Tati Greenstone Belt (TGB) near Francistown, the Tati Project is entirely owned by Power Metal Resources and has shown significant potential for gold […]
In a significant development for the global diamond industry, Debswana, a joint venture between De Beers Group and the Government of the Republic of Botswana, has announced a substantial investment of approximately $1 billion (BWP 13.6 billion) for the Jwaneng underground project. This critical phase of the project marks a pivotal shift from open pit […]
Tlou Energy Limited has achieved a significant milestone with the first gas flow from its recently drilled and completed Lesedi 6 Production Pod in central Botswana. This achievement marks the fastest time between the start of dewatering and the first gas production in the company’s history at the Lesedi field. Rapid Progress and Encouraging Results […]
MMG Limited has entered into a Share Purchase Agreement (SPA) to acquire the parent company of the Khoemacau Copper Mine in Botswana. The deal, valued at an effective Enterprise Value of US$ 1.875 billion, marks a significant move for MMG in aligning with its strategy to develop a portfolio of high-quality mines. Key Highlights of […]