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Free-to-attend seminars and workshops at Electra Mining Botswana

Business decision-makers, purchasing influencers and other industry professionals will be heading to Electra Mining Botswana in September. As the largest mining, industrial and power generation trade exhibition in the region, visitors will be looking for the latest products, technologies and services as well as to network, develop supplier relationships and engage with industry organisations and government.

Taking place at the Gabarone Fairgrounds from 12-14 September, Electra Mining Botswana will enable visitors to connect with over 100 local and international exhibitors, gain access to technical experts on the stands and have the opportunity to view live demonstrations of products and machinery. Visitors will also benefit from the daily programme of free-to-attend seminars.

Amongst the speakers at the seminar series will be Charles Siwawa, CEO of the Botswana Chamber of Mines. His presentation will be the roadmap to Botswana’s minerals and will provide an overview of the current market situation as well as highlighting what government planning is scheduled for the next fiscal period, as well as the various challenges and opportunities faced by industry.

Fred Jansen, Secretary of the Botswana Chamber of Mines, will speak about enhancing and promoting occupational health and safety in SADC mining. He will talk about the current occupational health and safety challenges facing the Botswana mining sector and how can they be mitigated. The Role of Mining in Botswana’s Past and Future Economic Development will be the topic presented by Keith Jefferis, Managing Director of Econsult Botswana. He will offer an outlook on the factors influencing pricing, supply and demand of mining commodities. He will also highlight the key drivers, trends, forecasts and potential growth expectations.

Mandla Zembe, Head of Protection Services at Anglo American Platinum will talk about the importance of mining security, from pit to port. Keeping massive mine sites secure from intruders poses large logistical and technological challenges for operators. During this talk, visitors will gain an understanding of the challenges faced with regard to securing mines and their respective value chains.

Making beneficiation work and strategies for empowering local employment is the topic of the presentation that will be given by Dr. Oagile Kanyeto, President of the Botswana Institution of Engineers. Eric Delabrousse, Sales Executive for Africa Rocketmine, will speak about the integration of technology in mining and with regard to the blast monitoring and fragmentation analysis solution which utilizes drones, enhances efficiencies, reduces risks, lowers costs and maximizes data output.

Other topics will include the funding of power projects in Sub Saharan Africa presented by Kabo Molimi, Client Relationship Manager at the Rand Merchant Bank, Botswana. Developing Botswana’s mining value chain and transport infrastructure update will be the topic presented by Lovemore Bingandadi who is the Program Manager & Technical Adviser for the Tripartite, Transport and Trade Facilitation Programme [TTTFP], SADC Secretariat- Infrastructure & Services Directorate.

Werner Nehrling who is a Senior Associate at Bryanston Resources will speak about sensor and automation solutions for the harsh mining environment and Tommy Thompson who is the Lead Consultant for OT Cyber Security at Nclose, will speak about technological advances revolutionizing mining. Other speakers include Chris Wood, Director at Partiton Enterprises, Tony Mouton, Mark Scheme and Quality Manager at Mining and Surface Certification (MASC), and Emmanuel Reynier, the Regional Technical Specialist – Mining & Industrials Fuel & Lubriacant Applications Tribologist at Southern, Central & Eastern Africa TOTAL.

Multotec Botswana Technical Workshop

In addition to the free-to-attend seminars, Multotec Botswana will be running a two day technical workshop during Electra Mining Botswana. One of the company’s strategic priorities is to provide technical excellence to customers and this includes offering training. Multotec has a four-tier skills transfer approach incorporating from basic product and safety training through to detailed application and technical training. Electra Mining Botswana will provide an excellent platform for this technical training to take place. The workshop will be conducted by senior Multotec product specialists and covers Botswana-relevant applications.

The Botswana Ministry of Mineral Resources, Green Technology and Energy Security (formerly the Ministry of Minerals, Energy and Water Resources) has endorsed Electra Mining Botswana again this year. Support has also been given by the Botswana Chamber of Mines and the South African Capital Equipment Export Council, both of whom will be exhibiting. Specialised Exhibitions Montgomery is a member of the prestigious Montgomery Group, one of the most widely respected exhibition companies in the world with trade shows, consumer shows and specialist projects currently spanning Europe, the Middle East, Africa and Asia. They are also a member of the Association of African Exhibition Organisers (AAXO).

Soapbox Communications is a diversified and 100% Botswana citizen-owned Company, which has brought great insight, experience and knowledge to the show which will benefit all stakeholders involved.

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Matsheka seeks raise bond program ceiling to P30 billion

14th September 2020
Dr Matsheka

This week Minister of Finance & Economic Development, Dr Thapelo Matsheka approached parliament seeking lawmakers approval of Government’s intention to increase bond program ceiling from the current P15 Billion to P30 billion.

“I stand to request this honorable house to authorize increase in bond issuance program from the current P15 billion to P30 billion,” Dr Matsheka said. He explained that due to the halt in economic growth occasioned by COVID-19 pandemic government had to revisit options for funding the national budget, particularly for the second half of the National Development Plan (NDP) 11.

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Lucara sits clutching onto its gigantic stones with bear claws in a dark pit

14th September 2020
Lesedi La Rona

Botswana Stock Exchange (BSE) has this week revealed a gloomy picture of diamond mining newcomer, Lucara, with its stock devaluated and its entire business affected by the COVID-19 pandemic.

A BSE survey for a period between 1st January to 31st August 2020 — recording the second half of the year, the third quarter of the year and five months of coronavirus in Botswana — shows that the Domestic Company Index (DCI) depreciated by 5.9 percent.

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Botswana Diamonds issues 50 000 000 shares to raise capital

14th September 2020
Diamonds

Botswana Diamond PLC, a diamond exploration company trading on both London Stock Exchange Alternative Investment Market (AIM) and Botswana Stock Exchange (BSE) on Monday unlocked value from its shares to raise capital for its ongoing exploration works in Botswana and South Africa.

A statement from the company this week reveals that the placing was with existing and new investors to raise £300,000 via the issue of 50,000,000 new ordinary shares at a placing price of 0.6p per Placing Share.

Each Placing Share, according to Botswana Diamond Executives has one warrant attached with the right to subscribe for one new ordinary share at 0.6p per new ordinary share for a period of two years from, 7th September 2020, being the date of the Placing Warrants issue.

In a statement Chairman of Botswana Diamonds, John Teeling explained that the funds raised will be used to fund ongoing exploration activities during the current year in Botswana and South Africa, and to provide additional working capital for the Company.

The company is currently drilling kimberlite M8 on the Marsfontein licence in South Africa and has generated further kimberlite targets which will be drilled on the adjacent Thorny River concession.

In Botswana, the funds will be focused on commercializing the KX36 project following the recent acquisition of Sekaka Diamonds from Petra Diamonds. This will include finalizing a work programme to upgrade the grades and diamond value of the kimberlite pipe as well as investigating innovative mining options.

Drilling is planned for the adjacent Sunland Minerals property and following further assessment of the comprehensive Sekaka database more drilling targets are likely. “This is a very active and exciting time for Botswana Diamonds. We are drilling the very promising M8 kimberlite at Marsfontein and further drilling is likely on targets identified on the adjacent Thorny River ground,” he said.

The company Board Chair further noted, “We have a number of active projects. The recently acquired KX36 diamond resource in the Kalahari offers great potential. While awaiting final approvals from the Botswana authorities some of the funds raised will be used to detail the works we will do to refine grade, size distribution and value per carat.”

In addition BOD said the Placing Shares will rank pari passu with the Company’s existing ordinary shares. Application will be made for the Placing Shares to be admitted to trading on AIM and it is expected that such admission will become effective on or around 23 September 2020.

Last month Botswana Diamond announced that it has entered into agreement with global miner Petra Diamonds to acquire the latter’s exploration assets in Botswana. Key to these assets, housed under Sekaka Diamonds, 100 % subsidiary of Petra is the KX36 Diamond discovery, a high grade ore Kimberlite pipe located in the CKGR, considered Botswana’s next diamond glory after the magnificent Orapa and prolific Jwaneng Mines.

The acquisition entailed two adjacent Prospecting Licences and a diamond processing plant. Sekaka has been Petra’s exploration vehicle in Botswana for year and holds three Prospecting Licenses in the Central Kalahari Game Reserve (Kalahari) PL169/2019, PL058/2007 and PL224/2007, which includes the high grade KX36 kimberlite pipe.

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