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Botswana is geared to an economic slow-down as major diamonds markets of the Euro zone and the United States of America slide into a recession in the
At least three mines are expected to opened between this year and 2026, Botswana Mining and Energy Conference heard on Wednesday.
MDCB’s investment in Masama Coal Mine could help diversify the economy Minerals Development Company Botswana (MDCB)’s an investment in Minergy has the potential to achieve MDCB’s objectives. Amongst others, the mining investment holding company is mandated to monetize and develop Botswana’s coal industry. Updating shareholders recently, Minergy, which operates Masama Coal Mine some 50km north of Gaborone, expressed confidence they could help MDCB realise such ambitions. Minergy also believes the investment will have broader benefits, including job creation and diversification of the e...