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Morupule B troubles lead to an increase in power importation The latest data from Statistics Botswana (SB) indicates that during the second quarter of the year, the physical volume of imported electricity increased by 31.1 percent. Imported electricity during the second quarter of 2021 shows an increase of 31.1 percent or 109,923 MegaWatt Hour (MWH), […]
By Brian Benza GABORONE, Botswana, Aug 27 (Reuters) - Botswana’s only privately-owned coal miner Minergy Limited has revived plans to list its shares on the London Stock Exchange (LSE) to reduce debt and increase output amid a global commodities boom, its chief executive officer said on Friday. In 2018, Minergy
Botswana’s only privately-owned coal miner Minergy Limited has revived plans to list its shares on the London Stock Exchange (LSE) to reduce debt and increase output amid a global commodities boom, its chief executive officer said on Friday.
Mining production down 12 % IN Q1 2021 Breaking News During the first quarter of 2021, production in Botswana’s economic nucleus- the mining sector contracted by 12 percent. This is according to Mining Production Index released by Statistics Botswana this week. The country’s central data body revealed that Index of Mining production stood at 74.4 during the first quarter of 2021, showing a negative year on-year growth of 12.0 percent, from 84.6 registered during the first quarter of 2020. The main contributor to the decline in mining production came from the Diamonds sector, which contrib...
Article content (Bloomberg) — At a time when funding for fossil fuel projects is drying up, Botswana is racing to develop six new coal mines and a rail link for exports, with the government prepared to put its own money into the projects. The southern African nation, the world’s second-biggest diamond producer, has more than 200 billion tons of untapped coal reserves. To kickstart the industry, it has turned to investors from the largest global coal consumer, China. We apologize, but this video has failed to load. Try refreshing your browser, or Botswana Woos Chinese Investors as Lenders...