MOD Resources Limited (ASX: MOD) says that a review of previous drilling at the 100% owned Corner K deposit has identified two >500m long zones of high grade copper sulphide and silver mineralisation at shallow depth. The high grade zones (the ‘West Zone’ and ‘East Zone’) were defined by applying a 1.5% copper cut-off to numerous diamond drill hole intersections. Both zones remain open below the current limit of drilling (~200m). The new interpretation suggests potential exists for the two zones to be joined below the shallower ‘Central Zone’. The 2.5km long deposit has been named the Mahumo Deposit (meaning…
Author: Editor
Rail Park Mall has officially announced its P20 million facelift project, which is aimed at retaining customer loyalty and provide customers with a more exciting shopping experience at the mall. In a period where brand experience extends further than the product quality and is now also dependent on a brand’s agility, the goal of the Facelift Project is to ensure it is relevant within the market and offer clients a unique shopping experience. This new centre will bring in popular shops, such as Edgars and bring in changes to current shops. “These moves will see the mall increase more valuable…
The supercars are fuelled, the presenters are revved up and the stage is set for the third instalment of the action packed Top Gear Festival Durban. Hosted by all three of the UK show’s inimitable presenters – Jeremy Clarkson, Richard Hammond and James May plus tame racing driver ‘The Stig’ – the stadium show, which will be one of the highlights of the two day festival, promises to be a breathtaking cocktail of stunts, supercars, special guests and challenges. In one of their most ambitious shows yet, the producers have set the boys a challenge of creating their own interpretation…
The Ministry of Environment, Wildlife and Tourism will be hosting the follow up conference to the London Conference on the Illegal Trade in Wildlife on the 03rd March 2015 in Kasane, Botswana. The London Conference brought together Heads of Governments, representatives of Heads of Governments and Regional Economic Integration Organisations who noted with grave concern the rise in the illicit trade in wildlife with its consequent social, environmental and economic impacts. Through the London Declaration, those present called for political commitment to combat this scourge and agreed to a number of actions to achieve this end. These primarily focused on…
Members of the Investment Analysts Society (IAS) have voted Eskom as the leader in corporate reporting in the sector – Mining & Resources for the 2013 financial year. This is the third time in a row that Eskom has won the IAS award – a bronze statuette of a squirrel – and the state-owned company is proud to be recognised by the IAS as leaders in reporting and communication. The squirrel award was presented to Eskom Chairman Zola Tsotsi at a ceremony held at the Johannesburg Stock Exchange in Sandton last night. “Thank you to the Investment Analysts Society for…
The South African power utility Eskom has warned that the power system is currently severely constrained, meaning that any extra load or faults in the system are likely to result in load shedding. It pleaded with consumers to urgently switch off electrical heaters, geysers, pool pumps and all non-essential appliances and said it required voluntary savings of at least 10% in order to manage demand. “We have noted rising demand especially during peak hours (5pm – 9pm) as the cold weather spreads across the country,” Eskom said. “Eskom is taking all necessary steps available to keep the lights on, but…
The World Travel & Tourism Council has warned that if tourism services in Tanzania are going to be subject to a substantial increase in VAT in the next VAT Bill, this will have a detrimental impact on the country’s economic growth. WTTC’s research shows that taxation on tourism of these kind results in job losses and a curbing in demand and as in other countries and regions around the world, this would be counter-productive to the Tanzanian economy. “We appreciate that revenue needs to be raised. However, if the VAT exemptions are to be removed for Tourism Services in the…
A worldwide advertising campaign calling for a boycott of tourism to Botswana, launched by Survival International – the global movement for tribal peoples’ rights – has reached hundreds of thousands of travelers. The ad has been published in international travel and lifestyle magazines including Wired, Escapism, Departures and Centurion magazines in France, Italy, Austria, Germany, Japan, and the U.K. The ad, titled “Discover…the hidden secrets of Botswana” exposes the Botswana government’s intention to drive the last hunting people off their land in the Central Kalahari Game Reserve, while promoting the reserve as a tourist destination. Botswana’s Tourism Organization uses images…
Botswana is desperate to diversify its economy away from the minerals sector, but the Chamber of Mines believes the industry will remain a key driver of the country’s GDP for many years to come. The annual Resource Sector Conference was told that the world largest producer of gem diamonds will be looking to add value to its resources as it mulls conducting studies to see if beneficiation can happen outside diamonds. “In the next four years, you will see a totally different scenario. If it was football, it will be like the World Cup,” Charles Siwawa, CEO of the Botswana…
Puma Energy Botswana has revealed that mining sector will remain an important client and will continue to find solutions to support the industry. Speaking at the Botswana Resource Sector Conference, General Manager Mahube Mpungwa said they have long history of supplying mining companies around the world. “We believe mining is important to our economy. As fuel suppliers, we underscore our readiness to supply the industry in Botswana”. Puma’s key customers in Botswana include Debswana mines, BCL, Karowe mine and Messina copper amongst others. The petroleum company is also an exclusive supplier of Botswana Power Corporation (BPC) with diesel at its…