The De Beers Group of Companies and its joint ventures, Debswana and DTC Botswana, have today announced that they have signed a P2.5m deal to sponsor the Second African Youth Games – the first ever international tournament to be hosted in the country. The donation will be made to the Games Organising Committee towards the preparation of the event. The sponsorship is the latest in a series of initiatives run by the De Beers Group and its joint ventures to ensure that communities in their producer countries benefit from their natural diamond resource. Debswana has been instrumental in supporting…
Author: Editor
This year Namibia is hosting the 32nd EEASA annual conference in Windhoek from the 9th to 12th of September 2014. The conference organisation is coordinated by the University of Namibia, Namibia Environment Network (NEEN) and the Ministry of Environment and Tourism. The Lead facilitator and host institution is the University of Namibia. Call for Abstracts and Papers Environmentalists, educationists, researchers, writers and interested individuals are invited to the conference and to submit electronic copies of abstracts for the 32nd EEASA annual conference before or by the 31th of May 2014. The abstracts and paper authors are expected to base their…
NOSA – a MICROmega Holdings’ Limited subsidiary company – is accredited to provide contractor compliance safety training for Safety Pass Alliance South Africa (S.P.A (SA)). Endorsed by the South African Petroleum Industry, the S.P.A (SA) system is now used by BP and Total petrol stations. Health club company Virgin Active is also using the accreditation scheme to manage contractors at its facilities. S.P.A (SA) is a safety control system using Passport cards to show that contract workers have completed safety induction programmes. This prevents contractors from sending temporary, unskilled and uninitiated staff to sites, thereby reducing the risks to workers,…
Galane Gold Ltd. says it has mined its first ore from Tau Underground—an area it has previously disclosed it intended to exploit its reported measured and indicated resource of 128.6 thousand ounces of gold for Tau through underground mining. The company revealed it commenced the project in the fourth quarter of 2013 and has now completed the forced portal entry at the bottom of the existing Tau pit, installation of the entire infrastructure required, appointment of an underground contractor and the development work required to reach ore. Entrance of Tau Underground (Pic: Marketwire.com/ Galane Gold)…
Botswana is set to host the 37th Edition of the Organisation of Eastern and Southern Africa Insurance annual conference in Gaborone, at the Gaborone International Conference Centre from the 18th to the 20th August. OESAI is a regional member based insurance organisation with its headquarters in Nairobi, Kenya. OESAI was formed 41 years ago by a number of insurance companies in the region, to foster best practice, promote regional capacity and create profitable pools amongst insurance companies in the region. Since its inception, the OESAI membership has grown close to 90 members drawn from across the African continent. The organisation…
A-Cap Resources Limited has announced positive results from an independent study conducted by Sedgman, South Africa. A-Cap commissioned Sedgman to assess the potential for development of the Bolau Coal Project covering geological, engineering and marketing. Sedgman has experience in coal in Africa with capabilities to draw on local product specification knowledge, infrastructure, mining expertise and market requirements. The study was a detailed and comprehensive study based on data generated to date. The Bolau Project is located on two tenements PLs Foley PL125/2009 and Bolau PL138/2005. A-Cap discovered coal horizons that appear to be on the up dip and down dip…
IAMGOLD Corporation has reported death of an employee at the company’s Rosebel Gold Mines N.V. (Rosebel) in Suriname. According to the company, the accident occurred in an area at the north end of the Rosebel property that was being prepared for active mining later this year. No one else was injured during the accident. “The immediate thoughts of management are with the family, friends and co-workers of our colleague. The Company has notified the individual’s family. Rosebel is offering assistance and support to the individual’s family and colleagues and the entire Rosebel workforce,” it stated. IAMGOLD said the Rosebel emergency…
Stanbic Bank Botswana has partnered with Botswana Housing Corporation (BHC) for the Sitting Tenants’ Campaign. The campaign aims to promote home ownership, working towards making Batswana’s dreams of owning their own home come true. The year-long campaign targets customers currently renting BHC houses who wish to purchase those homes. Stanbic Bank Botswana will participate as financiers in the campaign, with financing extended to the sitting in tenant as well as their nuclear family, thus allowing for increased affordability. The campaign runs until March 2015 and targets a total of 1,528 BHC properties across Botswana. Lawrence Ntshabele, New Business Manager, Secured…
Lucara Diamond, which owns Karowe mine in Botswana has reported that the nominees listed in the Company’s management proxy circular for the 2014 Annual and Special Meeting of Shareholders were elected as directors of the Company. Detailed results of the vote are set out below. Nominee Votes For % For Votes Withheld % Withheld Lukas H. Lundin 148,793,230 95.77 6,572,064 4.23 Richard P. Clark 115,912,783 74.61 39,452,511 25.39 Paul K. Conibear 155,345,661 99.99 19,633 0.01 Brian Edgar 149,821,080 96.43 5,544,214 3.57 William Lamb 155,351,094 99.99 14,200 0.01 Eira Thomas 155,349,594 99.99 15,700 0.01 About Lucara Lucara is…
West Africa’s future as a competitive economic bloc requires new solutions in power technology and investment to improve energy access and enable the implementation of an ambitious infrastructure programme according to Stanbic Bank Botswana parent, Standard Bank Group. Policymakers, regional governments and investors are grappling with methods to de-risk investment in new business models. They are also looking at the technological, regulatory, financial and geopolitical factors that change the game and replicate the energy access success stories. “The challenge for these growth markets is to find viable funding mechanisms and create an enabling environment to literally power the…