Gem Diamonds, the junior miner developing a diamond mine in the Central Kalahari Game Reserve says it is happy at the progress made at the plant although there are still difficulties because of the encounter with hard material on the way. In an Interim Management Statement for the Period 1 July to 11 November 2012, the company explains tunnelling operations re-commenced in September 2012 although progress remains slow due to unforeseen hard material being encountered. However, it says: “It is pleasing to see good progress at Ghaghoo with the erection of the plant and mill progressing well and with the…
Author: Editor
Discovery Metals says it remains on track to deliver further strong growth in 2013, after achieving a major milestone in 2012 with the commissioning of its flagship Boseto copper project in Botswana, shareholders were told at the Company’s Annual General Meeting. Managing Director Brad Sampson says that after seven years of careful planning and development, Discovery Metals became the first copper producer in the highly prospective Kalahari Copperbelt with the start of commissioning at Boseto in June, on time and on budget. The operation, which had a total capital cost of approximately $340 million (including exploration, feasibility study, and plant…
BCL, the country’s biggest copper-nickel producer is stepping up its gear on Polaris II ambition following a major announcement by Botswana Metals Limited (BML) that it has entered into a Joint Venture agreement with the Selebi-Phikwe based company. Botswana Metals says the agreement relates to three of BML’s Prospecting Licences in Botswana where the company has made three discoveries: Maibele North (nickel, copper and PGEs), Airstrip Copper (copper and silver) and Dibete (copper and silver). BML’s Chairman Patrick Volpe says the agreement is a welcome and strategic fit with benefits to both companies and our respective shareholders. “This agreement will…
Tuesday evening, 30th October 2012, saw the official opening of Masa Centre in the new CBD, and, with it, the official launch of Lansmore Masa Square. As an anchor tenant within the Centre, Lansmore Masa Square also served as the venue for the ceremonial opening. The ceremonial opening was officiated by Guest of Honour, the newly appointed Minister of Minerals, Energy and Water Resources, Kitso Mokaila. The night brought together a host of dignitaries which included those from government, the diplomatic and the business communities. The opening served as further confirmation of Lansmore Masa Square’s positioning as the preferred choice…
A vibrant, creative hub in downtown Johannesburg which is tangible proof of the successful regeneration of an inner city precinct that once seemed doomed to ongoing urban decay, the Maboneng Precinct is undergoing further transformation and growth. Comments Peter Collins, regional broker manager for JHI Properties in Johannesburg: “With the visionary developers recently having acquired a further 15 buildings in the precinct – demonstrating their confidence and commitment to the project – we are now marketing office and retail space in several properties. These are The Main Change at 20 Kruger Street, 260 Main Street, and properties at numbers 275,…
1. The State of the Nation address by His Excellency gave a detailed account of the state of our economy outlining achievements, challenges and prospects for the future. BOCCIM was gratified to hear the President give an account of the initiatives his government is undertaking in partnership with the private sector. This demonstrates that the President recognises the importance and strength of the government’s partnership with the private sector in economic development. Productivity and Work Ethic 2. BOCCIM notes with appreciation the emphasis that the President placed on the vexed issues of poor work ethic and low productivity in his…
The luxurious Phakalane Golf Estate Hotel Resort, the only hotel with an international 18- hole golf course, has been awarded one of the highest accolades in travel at the World Travel Awards ceremony hosted in Singapore on Thursday the 18th of October 2012. The relatively new hotel is located north of Gaborone and boasts of the multi-million Clubhouse and the international standard 18-hole golf course offers the corporate and leisure traveler a host of activities in grandiose style. A variety of golf, conference and private function packages and function venues are available to suit your requirements, according to the company…
Johannesburg, South Africa: The continent’s most prestigious annual fashion event – the Mercedes Benz Fashion Week Africa, wrapped this past weekend at a glittering awards ceremony, held at Melrose Arch – where prolific fashion designer Thula Sindi walked away with the first ever title of ‘SA Tourism Designer of The Year’. Thula Sindi, who had showcased his Spring/Summer collection on Saturday to a full capacity audience of media, fashion icons, buyers, stakeholders and fashion enthusiasts, was chosen by South African Tourism for the title. Roshene Singh – South African Tourism’s Chief Marketing Officer says: “We chose Thula Sindi for his renowned creativity,…
City Sightseeing, the world’s leading open-top bus tour operator, is launching a Johannesburg hop on–hop off city tour in January 2013. Soon Johannesburg residents and visitors will be able to jump on one of City Sightseeing’s bright and cheerful red buses and explore some off the city’s most famous tourist attractions. These include Constitution Hill, Newtown, the Origins Centre at the University of the Witwatersrand, the James Hall Transport Museum, the Apartheid Museum and Gold Reef City. The tour will enable visitors to sample Johannesburg’s sights, sounds, colours, cultures, and rich heritage and history like never before. The bus commentary…
Tredinnick Botswana, the Development Managers for the iTowers Project, launched the second tower of the development. Unlike the first tower, which consists mainly of commercial space, the second tower will mainly consist of residential units. The iTowers is a first of its kind development in Botswana. With retail, office and residential space spread across 26 floors, it will be the tallest, multipurpose development in Botswana. Speaking at the launch, the project spokesperson Charlie Sheldon emphasized that they wanted to share their vision of holistic, harmonious living with the local market. “We saw a gap in the market which presented an…