Discovery Metals Limited has announced an agreement of a new joint venture programme with the Japan Oil, Gas and Metals National Corporation (JOGMEC) and BCL Limited (BCL) for the Dikoloti Nickel Project (Dikoloti Project) in north-east Botswana (New JV). The Dikoloti Project comprises three prospecting licences covering an area of 283km2 surrounding the three nickel deposits of BCL in the Selebi-Phikwe region of north-east Botswana. An Inferred Mineral Resource of 4.1Mt @ 0.7% Ni, 0.5% Cu and 1.2 g/t PGE’s at a cut-off of 0.5% Ni for 28,700 tonnes of contained nickel has been reported in accordance with the guidelines…
Author: Editor
MOD Resources Limited (ASX: MOD) has announced assay results from the first drill hole (CL-02-D) to test a large magnetic anomaly in the central part of the Kalahari Copper Belt in Botswana. The results include a number of elevated platinum, palladium and gold values over a 16m interval from 468m to 484m down hole depth associated with an interpreted mafic intrusion. The mafic intrusion appears to be the source of a distinctive ~10km long magnetic anomaly. Individual assay results from 1m sample intervals include 68ppb and 39ppb platinum, 43ppb, 60ppb and 54ppb palladium, and 241ppb gold. A table of assay…
NOSA, a subsidiary of MICROmega, has expanded its risk management services, by partnering with AlertDriving, a Toronto based company, which is a pioneer in web-based driver risk management solutions. NOSA has obtained a licence from AlertDriving to offer several e-learning courses, which can assist companies in identifying and mitigating the many risks associated with driving. The following is on offer 1. Hazard Perception Evaluation – designed to identify high-risk drivers by assessing their propensity to be involved in a collision. Based on each individual’s specific deficiencies, the programme assigns targeted training modules to mitigate a driver’s assessed risk. 2. Defensive Driver…
Gem Diamonds Limited has announced its results for the period ending 31 December 2013, which shows revenues, were up by 5% to US$213 million while attributable net profit was up 23% to US$21 million. The company, which is developing the Ghaghoo mine in Botswana said the technological and strategic investments made during the year, together with a more stable diamond market resulted in rise in revenue. It also pointed out that its focus for 2013 remained on initiatives to reduce diamond damage at its Letšeng mine in Lesotho and this has resulted in a significant reduction in ‘diamond damage’. The…
Stanbic Bank Botswana parent, Standard Bank Group, has received the Global Finance 2014 regional award for Africa, as Best Bank for Payments and Collections on the continent for a fourth consecutive year coupled with Best Bank for Liquidity Management in Africa, based on the publication’s annual ranking of best Treasury and Cash Management Providers by category and region. While facilitating trade on the continent does remain challenging due to some technology constraints, varied regulatory and payment systems, the continent does still represent the next frontier of opportunity. Standard Bank’s on the ground presence in 20 African countries and local knowledge…
South Africa-based Net1 Mobile Solutions (“N1MS”), a business unit of Net 1 UEPS Technologies, Inc. together with its long-time partner Supa Pesa, has expanded its Advance Airtime African footprint with the launch of TeleKom Networks Malawi (“TNM”) Airtime Credit service, Pasavute. Pasavute, which means ‘No worries’ in Chichewa, allows subscribers of TNM to purchase airtime in advance and pay the face value of the airtime voucher at a later stage. A subscriber can purchase one airtime voucher at a time and is charged a service fee per airtime voucher purchased. TNM Chief Commercial Officer, Charles Kamoto says: “Pasavute has been…
Botswana Metals Limited says Botswana Government through the Department of Mines has granted an extension to three of its exploration licences for a period of two years effective from 1 April 2014. The company said the granting of the extension to PL110/94, PL111/94 and PL54/98 now activates a Farm-in Joint Venture agreement with BCL Limited, a Botswana mining and smelting operation owned by the Botswana Government and Russian giant Norilsk. Under the agreement BCL can fund up to the completion of a bankable feasibility study (BFS) to earn a 70% interest in the three prospecting licences (PLs) that cover approximately…
Stanbic Bank Botswana has launched an effort to further transform customer service through technological innovation. The Bank has armed sales consultants in Executive Banking, Workplace Banking and Private Banking with tablets and a new, fully enhanced “app” to sign up new customers in less than 25 minutes. Tablet technology has been designed to determine the needs of customers, and match appropriate products accordingly. Said Stanbic Bank Botswana Head of Customer Channels, Mrs. Lerato Chana Sekgororoane, “Both the tablet and the app allow for the completion of all required documentation and capturing of customer details – including electronic signatures – in…
Samsung, Books Botswana parent company John Smith’s Group and Kortext announced a collaborative venture that will see them offer value added services to students and universities. Together with Kortext, the digital textbook delivery and learning platform and resellers John Smith’s, Samsung will look initially at how effectively devices work in classroom and learning environments, as well as offering students the ability to access core textbook content through its devices. Graham Long, Vice President Enterprise Business Team, Samsung UK & Ireland said: “We are delighted to have found an innovative partner with whom we can provide not only hardware solutions to…
Stanbic Bank Botswana has announced the appointment of Mr. Mothusi Tladi as Head of e-Distribution for Africa within the Global Markets division, effective immediately. As Head of e-Distribution for Africa, Mothusi is responsible for electronically delivering products needed to complete the Bank’s value proposition. In addition, he is tasked with delivering trade products which include Money Markets, Eurobonds, Rest of Africa Government bonds, Base Metals and Futures. In his new role, Mothusi will explore opportunities within the rest of Africa including Nigeria, Kenya and Uganda, just to mention a few. Mothusi is currently based in Botswana to drive and entrench…