Author: Editor

The largest Forevermark diamond in the world has been unveiled by long-standing Forevermark Diamantaire and Authorised Forevermark Jeweller Chow Tai Fook at a press event in Hong Kong on 3 September. The spectacular 104-carat diamond was expertly cut and polished by master craftsmen at Chow Tai Fook, with the meticulous process taking three years to complete. It is a ‘D’ colour, internally flawless (DIF), round brilliant cut diamond with the highest possible cut grade of 3-Excellent. The diamond was graded and inscribed with the Forevermark icon and identification number by some of the world’s most accomplished diamond graders and gemmologists…

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Lucara Diamond Corp. has announced the dates of its second exceptional stone tender of 2015 with the viewing of the stones expected to take place in Gaborone from November 2 through November 11, 2015 with the tender closing at 4.00 p.m. CAT. According to the company, the tender will feature up to twelve diamonds including the recently recovered 336 carat Type IIa diamond as well as an 8 carat fancy pink diamond. William Lamb, President and CEO, commented said Karowe Mine continues to deliver as expected allowing us to have a second exceptional stone tender in 2015. “The increase in…

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fastjet operations in Tanzania have reported a record number of passengers in August 2015, carrying a total of 76,741 passengers during the month. The load factor for August was 75%. The increase in passengers is in part due to the new routes to Malawi introduced in July 2015 and to increased frequency on some existing routes. Punctuality for August remained strong, with 88% of flights arriving on time. This was lower than last month, mainly due to unexpected airfield closures in Dar es Salaam for military training. Ed Winter, Chief Executive Officer of fastjet, said: “We are delighted to report record…

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Botswana mining companies have been advised that one way of avoiding accidents in mining operations is to maintain constant communication as this tool is the line of sight. Product Manager at Becker Electonics, Rick Esterhuizen said at Electra Mining Botswana 2015 that communication can be through vehicle to vehicle or person to person adding that legislation was passed in South Africa in February 2015 which compels warning of machine operators and pedestrian effectively of close proximity to one another. “The way to avoid accidents is to maintain constant contact and communication underground is very important,” he told a seminar during…

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A survey of prices of international grade hotels in selected major African cities, produced by hospitality research firm STR Global ahead of the Africa Hotel Investment Forum (AHIF) taking place at the end of September, has revealed that Addis Ababa is the most expensive place for a good night’s sleep. The average rate in US$ (constant currency) for a hotel room in the first six months of this year in Addis Ababa was $231.78/ night.  This compares with $215.75 for a room in Lagos, $144.76 in Nairobi, $122.30 in Cape Town, $105.73 in Casablanca, $103.54 in Cairo, $72.90 in Johannesburg…

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Rio Tinto said it has demonstrated how the completion of its world-class iron ore expansion project in Western Australia will deliver significant shareholder value as the sector transitions through the ongoing volatility in global commodity markets. At an investor seminar in Sydney, the company outlined the next phase in its long-term strategy to capitalise on the growing global demand for high-quality iron ore through a relentless focus on productivity and efficiency, technology, and people development to drive costs lower at its Pilbara operations. Rio Tinto also revealed new detail on the data underpinning its projections for 2.5 per cent average…

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Botswana Diamonds (BOD), the AIM listed diamond exploration company said a 7-person specialist Russian team of geologists and mineralogists will arrive in Botswana in September and join with local BOD team to undertake a drilling and intensive soil sampling programme on specific areas on licences PL 206, PL 210 and PL 085 in the Orapa region. This is part of the Botswana Diamonds/Alrosa exploration programme in Botswana. The company said following this, the team will move to their ground in the Gope region. The exploration programme which we completed in the first half of 2015 identified a specific target on…

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The workforce landscape has evolved quite significantly over the last few decades, with women in leadership and milliennials (Generation Y) taking centre stage as the drivers of business performance in the future. As with many other industries, the logistics industry has traditionally been male-dominated, but this has been changing over time. Charles Brewer, Managing Director of DHL Express Sub Saharan Africa (SSA), says the company has made great strides in evolving their leadership structures in SSA and since 2011, the number of female employees in leadership roles have more than doubled. “Four years ago, 15% of our leadership roles across…

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The 2015 Electra Mining Botswana is currently underway at the Fairgrounds in Gaborone with a number of regional and local companies showcasing their products at the three-day expo that brings industry stakeholders together under one roof. One South African company exhibiting at the show is D and J Holdings (Office Emporium), which are an importer and distributor of all office equipment and consumables across all sectors including mining. The company representative, Dinesh Madhoe who describes his company as “one stop shop” for all the office needs, said they have enjoyed their stay in Botswana and would like to pursue business…

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Tsodilo Resources Limited has announced that Mark Scowcroft has been appointed to its board as a non-executive director, effective September 1, 2015. Scowcroft has 26 years experience in managing and investing in diamond exploration projects in Botswana, beginning his career in 1989 as a geologist with De Beers Prospecting Botswana (Pty) Limited, after graduating in 1988 from the Royal School of Mines, Imperial College, London with a B.Sc. (Honours) degree in Mining Geology. “I am delighted to have been invited onto the board of Tsodilo Resources and to assist with the further development of BK16, a kimberlite I know well…

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