Tsodilo Resources Limited, the international metals explorer said Bosoto (Pty) Ltd, its Botswana subsidiary has completed core drilling programme on BK16. According to the company, the main objective of this stage of the evaluation programme of this 5 hectare kimberlite pipe and satellite is to upgrade the geological model. It said a robust model is required to optimise the outlay of the large diameter drill (LDD) holes for the forthcoming bulk sampling programme. “In total, 20 core holes (NQ) were drilled over various part of the intrusion. Three of these holes were re-drilled due to drilling difficulties for improved core…
Author: Editor
Aviation Africa 2015, which opens on 10th May at Le Meridien Hotel, Dubai would underscore the immense potential of the African aviation market, organisers said. The two-day event, held under the patronage of HH Sheikh Ahmed bin Saeed al Maktoum, President of Dubai’s Department of Civil Aviation and Chairman of Emirates Airline, has been established to forge a crucial dialogue among the aviation industry’s leading stakeholders on the social, economic and political benefits to be gained from wide-ranging improvements to the infrastructure in Africa. Aviation in Africa currently supports more than 6.9 million jobs and over $800 billion in GDP…
Stanbic Bank Botswana shared resources with six local entrepreneurs to help them grow their businesses as part of the bank’s endeavour to empower local Small to Medium Enterprises (SMEs). According to the bank, six lucky business owners were awarded state of the art laptops as part of the project. The winners were part of a pool that qualified for a competition draw conducted on the Stanbic Bank sponsored radio show; Better Business; More Lebotha (BBML) on Yarona FM. BBML is a financial literacy segment that aired weekly for eight (8) months, educating small business owners and aspirants about various financial…
Lucara Diamond Corp. will sell Mothae diamond project following the penning of a Memorandum of Understanding (MOU) with Paragon Diamonds Limited to sell interest in the Lesotho based project. Under the deal, Paragon will be acquiring Lucara’s Lesotho based company, which owns its 75% interest in the Mothae project. This will include all assets; plant and equipment, liabilities and the company’s rehabilitation obligations. Paragon has agreed that it will employ all of the current employees working at Mothae. According to the owners of the Karowe mine in Botswana, Paragon will pay US$8.5 million in cash upon the closing of the…
Organisers of the Aviation Africa 2015 Summit and exhibition, which brings together aviation industry from the Middle East and the fast developing African market, have secured a sponsorship deal with luxury Swiss watch brand and aviation chronograph specialists, Breitling. One of the last remaining, independent family owned and COSC certified brands, Breitling will be giving two attending delegates the opportunity to win a model from their Aerospace collection over the two days of the conference. Taking place at Le Meridien Hotel and Conference Centre in Dubai, Aviation Africa 2015 will attract attendees from Africa and the Middle East with two…
Imperial, the diversified industrial services and retail group says it welcomes the implementation of regulations that makes child car-seats compulsory in private vehicles for infants under three years old. CEO of the Imperial Car Rental Division, Dawn Nathan-Jones said the company together with its two brands; Europcar and Tempest Car Hire, have worked hard for many years to contribute to national and local road-safety campaigns. “So we were relieved last year when Transport Minister Dipuo Peters moved to extend South Africa’s seatbelt regulations by preparing to make child car-seats compulsory in private vehicles for infants under three years old,” Nathan-Jones…
Brand South Africa says it has participated in a number of platforms aimed at condemning the violent crimes committed in the past few weeks and implementation of interventions to quell the violence. True to the spirit and letter of the South African constitution (which puts emphasis on the rule of law), all hands were on deck in the past week in acts of condemnation to the crimes committed against fellow human beings that led to the death offour nationals from various countries in our beloved continentand three South Africans. President Jacob Zuma visited various camps, where foreign national are temporarily…
The CEO of the Zambian Association of Manufacturers, Maybin Nsupila says there is clearly a huge opportunity for local industry as Zambia’s mining companies buy up to 1.7-billion dollars worth of manufactured imports annually. Nsupila said ahead of the workshop for suppliers and mining purchasing managers that he will be hosting at the Copperbelt Mining Trade Expo & Conference (CBM-TEC) in Kitwe from 5-6 May. “We are exploring to integrate the local manufacturing industry more into the mining supply chain,” Nsupila pledged. “So we will be trying to show, first of all, some developing success stories. Secondly, we will also…
Anglo American plc has managed to deliver solid performance despite the challenging 2014—chairman, Sir John Parker says. Addressing the group’s Annual General Meeting, the chairman stated that over the past year, the mining industry had to weather a particularly difficult year as macro-economic conditions in general worsened. “In China, growth came in slightly under target at 7.4% – and it could slow further to around 7% in 2015 – while economic recovery faltered in the Eurozone and Japan, as well as in major developing countries such as Brazil and South Africa,” Sir Parker said. “The major exceptions were the United…
Stanbic Bank Botswana parent, Standard Bank, Africa’s biggest lender by assets, has won the Super Regional award for its eMarketTrader platform in the in the 2015 Profit & Loss Services Digital FX Awards. “We are delighted to have been the recipient of this award as it is testament to the progress we have made in becoming the leading Pan African bank with a very clear strategic intent to digitally enable the continent,” says Pratik Vadgama, Head of Corporate e-Commerce for Global Markets at Standard Bank Group. Standard Bank’s eMarketTrader is a leading single-dealer platform that brings together market intelligence &…