Hodges Resources Ltd (ASX Code: HDG), (“Hodges” or “the Company”) has announced that a commissioned research report has been completed by Helmsec Global Securities and the report is now available on the Company’s website: www.hodgesresources.com.au. Helmsec Global Capital Limited (Helmsec) is a mining and resources-focused and equity capital markets, corporate advisory and institutional sales trading house. Helmsec provides the full-range of corporate advisory and equity capital market services globally to emerging mining companies. As with all analyst reports, this document contains estimates and forecasts prepared by the researcher, extrapolated from information on the Company already in the public domain. Such…
Author: Editor
Continental Coal Limited says the Botswana Department of Mines has approved the renewal of the company’s three coal Prospecting Licenses in Botswana for a further 2 years. Commenting on the renewal of its licenses, Continental Coal Chief Executive Officer Don Turvey says: “The renewal of the prospecting licenses that make up our Serowe and Kweneng Coal Projects in Botswana is another positive step forward for the Company.” “With the JORC Compliant Resource that we have already delineated and the larger Exploration Target that has been determined by our geological consultants, our Botswana projects have the potential to be significant assets…
The board of Discovery Metals, the owners of Boseto Copper Project in Botswana has advised its shareholders to reject the hostile takeover bid from Chinese consortium-Cathay Fortune Investment Limited. In a communication to shareholders, the board of the Australian company says the Independent Expert has concluded that the offer by Cathay Fortune Investment Limited of $1.70 per DML share is ‘neither fair nor reasonable’. The Offer Price of $1.70 per share is inadequate, says the board arguing it represents an insufficient premium of only 17% to the closing share price on 3 October 2012. The new developments also come with…
Debswana Orapa, Letlhakane and Damtshaa Mines (OLDM) on 22nd November 2012 honoured employees who have served the mining company for a continuous 20, 25, 30 and 35 years of service at an event to be held in Orapa. The company says the ceremony aims at recognising the loyalty and perseverance of 103 employees who have spent many years working for a company that has been the backbone of Botswana’s economy and ensuring that it lives to its brand promise of ‘Mining the Resource, Enriching the Nation’. Debswana Long Service Awards are granted to employees in recognition of their long period…
Livingstone, Zambia – We, the Ministers responsible for environment, wildlife, natural resources, hotels and tourism of the Republics of Angola, Botswana, Namibia, Zambia and Zimbabwe, and the SADC Deputy Executive Secretary for Regional Integration met in Livingstone, Zambia on 15th November 2012 to review progress on the development of the Kavango Zambezi Transfrontier Conservation Area (KAZA TFCA). We note with great satisfaction the progress achieved since the signing of the KAZA TFCA Treaty which includes, construction of infrastructure to support protected area management and capacity building of partner countries in procurement and financial management and, law enforcement and sharing of…
For a record fifth time, local Consultancy, Hotwire Public Relations Consultancy, took the top honours at the recent PricewaterhouseCoopers Annual Report Awards. Its winning design was for BSE listed company, Botswana Insurance Holdings Limited. The treasure chest at Hotwire’s office in Gaborone is brimming with awards from over the years. “We are incredibly proud of this year’s work”, says Group MD, Kabelo Binns. “It’s taken a great deal of hard work and a lot of late nights to bring this piece together and we are really pleased with the final product. We are humbled to have been recognised by such…
he World Economic Forum based in Switzerland, has recently taken concrete steps to cement a footprint in Botswana through the establishment of the Gaborone Global Shapers Hub. The Global Shapers Community is a global network of young people between the ages of 20 and 30 situated in over 170 various cities (Hubs) around the world. Their objective is to deliver at least one socio-economic project of benefit to their countries and cities in a given twelve month period. The Hub’s are led by Curators who set the tone and drive the Hub’s overall activities. “The establishment of the Gaborone Global…
Kiss Africa Entertainment, a local entertainment enterprise, has collaborated with Tru Media International (a London based fashion and entertainment company) to launch FOR THE FIRST TIME IN AFRICA, Music on the Catwalk (MOC BOTSWANA). Music on the Catwalk, www.musiconthecatwalk.org , MUSIC ON THE CATWALK (MOC) is an exciting entertainment show, a fusion of live music from African musicians with cutting edge high fashion from African fashion designers in Africa and the Diaspora. The event aims to ENTERTAIN, INSPIRE, PROMOTE and CELEBRATE all African fashion and music talent to a wider audience in Botswana and Africa. OUR MISSION is to promote…
One-man standup comedy shows are a worldwide phenomenon, having launched many a career for stand up comics internationally. However, in Botswana, there has never been a 1 Man Standup comedy show produced, until now. The Laff-A-Lot Comedy crew is back with a bang to present this fresh and innovative concept for their next event. According to Media Liaison Officer for Comedy for the Nation of Botswana, Gaolathe Kediemetse, “Laff-A-Lot has already recorded three Live DVDs featuring a variety of comics this year and the stable could only grow bigger”. The headliner for the show is Goodie The Badd who hails…
In October 2012, the national year-on-year inflation remained unchanged at 7.1 percent, same as in September 2012. However, the cities and towns’ inflation rate rose by 0.3 of a percentage point, from 7.2 percent in September to 7.5 percent in October. The urban villages’ inflation rate went down by 0.2 of a percentage point, from 7.0 percent in September to 6.8 percent in October. The rural villages’ inflation rate stood at 6.9 percent in October, up by 0.2 of a percentage point from the September 2012 rate of 6.7 percent. The October national Consumer Price Index was 162.8, registering an…