The financing of two huge photovoltaic projects in the United Arab Emirates helped to drive a recovery in global clean energy investment to $64.8 billion in the second quarter of this year, the highest for any quarter since 2Q 2016. The Sheikh Mohammed Bin Rashid Al-Maktoum III plant in Dubai and the Marubeni JinkoSolar and Adwea Sweihan project in Abu Dhabi, at 800MW and 1.2GW respectively, contributed $1.9 billion between them to the global investment total in 2Q 2017, according to the latest authoritative figures from Bloomberg New Energy Finance. Other highlights of the data include bounce-backs in investment in…
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The Indices of Mining Production (IMP) showed a decline in the first quarter of 2017 as compared to the same period in 2016, new data by Statistics Botswana has revealed. The statistics body said on its Indices of the physical volume of mining production, Stats Brief for first quarter of 2017 that the IMP stood at 77.1 in the first quarter of 2017 showing a year-on-year decline of 14.4% from 90.1 during 2016 first quarter. The quarter-on-quarter analysis gives a decline of 6.4% from 82.4 during 2016 fourth quarter. According to Stats Botswana, the closure of three copper-nickel mines as…
MOD Resources Ltd (ASX: MOD) said it has entered into a binding Share Sale Agreement (SSA) to divest its Sams Creek Gold Project (Sams Creek Project) in New Zealand to Condamine Resources Ltd (Condamine), for a total consideration of A$3.8 million (Sale). Condamine is a newly incorporated company that intends to complete an IPO to list on the ASX during this calendar year. On successful completion of the Sale, MOD will receive cash proceeds of A$1.75 million and 10.25 million shares in Condamine at a minimum issue price of A$0.20 per share for a total consideration of A$3.8 million. MOD’s…
De Beers Group has issued a call for the submission of research papers to be presented at the 8th Annual Oppenheimer De Beers Group Research Conference in Johannesburg, South Africa, in October. Academics, students, researchers, site managers and environmental managers that have carried out research on any E Oppenheimer & Son or De Beers Group sites are encouraged to submit their findings for presentation to more than 180 attendees. Conservation properties include those on De Beers Group’s Diamond Route, such as the Venetia Limpopo Nature Reserve, Rooipoort Nature Reserve, Orapa Makgadikgadi and the Kimberley Big Hole, as well as a number…
The Wilderness Holdings Integrated Report for the 2016 Financial Year has been recognised as the 5th Best Integrated Report in the world in the 2017 Corporate Register Reporting Awards (CRRA). Now in its tenth year, the 2017 CRRA saw 76 organisations enter from across the globe, with 160 entries across nine different categories. Over the voting period (21 December 2016 – 3 March 2017), 3 670 votes were cast by the independent judges and members of CorporateRegister.com, the primary global reference point for corporate responsibility reports and resources worldwide. In addition to recognising global leaders in sustainability and integrated reporting, the…
Wilderness Safaris has won the prestigious 2017 Namibia Responsible Tourism Award for its exemplary commitment to sustainable conservation tourism at Hoanib Skeleton Coast Camp, announced at the opening of the Namibian Tourism Expo in Windhoek on 31 May 2017. Hosted by Namibia Media Holdings/Tourismus and Eco Awards Namibia, the Responsible Tourism Awards are held annually to encourage best practice in the local ecotourism industry. “It was an honour for Eco Awards Namibia to select the four finalists – Gondwana’s Etosha Safari Lodge, Ongava Tented Camp, Wilderness Safaris Hoanib Skeleton Coast Camp and Jackalberry Camp”, said Hazel Milne, Eco Awards Programme…
JWANENG: It was no surprise to see the pair of Toyota Gazoo Racing SA entries topping the results in the Production Vehicle category when the Toyota Kalahari Botswana 1000 Desert Race, round three of the South African Cross Country Series (SACCS), ended here on Sunday. In the final classification former Dakar Rally winner Giniel de Villiers and Dennis Murphy edged out South African champions Leeroy Poulter and Rob Howie with the two FIA Class vehicles again showing they are in a class of their own. The two Toyota Hilux’s put on the show of the weekend with just six seconds…
Global diamond major De Beers said its sales figures rose in the fifth cycle of the year which showed demand is robust in the global market. The company stated that the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fifth sales cycle of 2017 or Cycle 5 2017 stood at $530 million. The figure was better than the $522 million actual figure recorded in cycle four of the year. However, year-on-year, the figure was lower than $564 million actual cycle five figure in 2016. Bruce Cleaver, CEO, De Beers Group, said: “Following positive feedback from the Las Vegas…
Tlou Energy Limited, the AIM and ASX listed company said it has generated its first power from CBM at its field in Botswana following the installation of a Gas Generator at the Selemo project area. The company has the most advanced CBM project in Botswana, the Lesedi Project, and already benefits from significant, independently certified Contingent Gas Resources of ~3.2 trillion cubic feet (3C) and independently certified Gas Reserves. Tlou has been producing gas at Selemo for approximately 12 months. Tlou’s Managing Director Tony Gilby said the first Gas-to-Power via CBM in Botswana is an extremely significant milestone for the…
The world’s largest and most advanced diamond exploration and sampling vessel, the mv SS Nujoma, is ready to start exploring for diamond deposits in Namibian waters, following its official inauguration today. The US$157 million (N$2.3 billion) vessel will enable Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, to explore diamond deposits and secure diamond supply in the country well into the future. The inauguration ceremony, held today in Walvis Bay, Namibia, was attended by dignitaries including Prime Minister Saara Kuugongelwa-Amadhila and Founding President Dr Sam Shafiishuna Nujoma, who the vessel was…