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On December 7, the company had said that it had emerged as the lowest bidder for the tender floated by South Eastern Coalfield Limited.
§ 101,069 ounces ("ozs") of gold poured in 2020 (115,649 ozs in 2019) § US$1,147/oz All in Sustaining Cost ("AISC") in 2020 (US$986/oz AISC in 2019) § Average grade of 2.41 grammes per tonne ("g/t") in 2020 (2.88 g/t in 2019) § 104,174 ozs of gold sold in 2020 at an average price of US$1,745/oz § Impressive Total Recordable Injury Frequency Rate ("TRIFR") of 0.82 (2019 2.82) § Successful 2020 drilling programme of ~21,000 metres completed at Yanfolila § June 2020 earn-in agreement with P...
Debswana did not commit to absorb Majwe employees -Armstrong Jwaneng Mine to go underground – Balopi PHILLIMON MMESO editors@thepatriot.co.bw Debswana Diamond Company a joint venture between Botswana government and Anglo American’s De Beers is going into full swing to ensure that their new business strategy adopted last year is yielding desired results. The Debswana Executive Management recently took the media through their strategy and how they have started to implement it. The strategy is anchored in restructuring of mines and improving efficiencies throughout the group’s operations. ...
A successful transition of the Cut 9 expansion project from Majwe Mining Joint Venture (MMJV) to Debswana Diamond Company was reached on 4 th April 2021. The Cut 9 contract was a P12 billion waste stripping project that started in 2019 and was expected to end in 2027. The Cut 9 operation will continue with its intent to extend the life of mine of diamond mining in Jwaneng Mine to 2035. To date the transition has been smooth. No safety incidents have been recorded and this gives Debswana confidence that critical controls have been implemented and are delivering the expected results. Product...
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