Africa Mining: Kimberley Diamonds’ Botswana mine to be auctioned online

A diamond mine in Botswana will be offered for sale at an online auction after its liquidators failed to secure viable offers.

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Africa Mining: Lucara Diamond names new CEO, invests in digital sales platform

Canada’s Lucara Diamond (TSX:LUC), the company that hit the jackpot in 2015 after finding the world’s second-largest diamond, has taken a page of De Beers’ books by investing in technology to track diamonds as they move through the supply chain.

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Africa Mining: Botswana CBM-plant setback Tlou

Botswana coalbed methane (CBM) developer Tlou Energy has suffered a setback with its strategy, but says it may yet develop an export-based power project instead. The Botswana government had asked a Request for Proposal (RFP) for development of up to 100 MW of CBM-fuelled power plants in the country to be retendered, said Tlou February 12.  It said a decision to cancel the original RFP and re-tender had been approved by the Botswana’s Public Procurement and…

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Africa Mining: Botswana’s rough diamond exports fell 17% last year

GABORONE – Botswana’s rough diamond exports fell by 17% in 2017 to 36.03-billion pula ($4-billion) due to weak demand in the second half of the year, central bankdata showed on Tuesday. Diamond production in Botswana is predominantly from Debswana, an equal partnership between government and Anglo American’s diamond unit, De Beers.

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Africa Energy: Tlou Energy receives approval for listing on Botswana Stock Exchange

Tlou Energy, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (‘CBM’), announces that formal approval has been granted for the Company to list on the Botswana Stock Exchange (‘BSE’) and 21,153,845 ordinary fully paid shares will be issued to investment funds managed by African Alliance Botswana Limited, a leading asset manager based in Botswana.

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