Tuesday, 13 May 2014

Discovery Metals’ update on recapitalisation proposal with Montsant Partners LLC | Mining & Travel

Discovery Metals’ update on recapitalisation proposal with Montsant Partners LLC | Mining & Travel

Friday, 18 April 2014

Tacy LTD - LUCARA EARNS $50.5M FROM YEAR'S FIRST EXCEPTIONAL STONE TENDER

Tacy LTD - LUCARA EARNS $50.5M FROM YEAR'S FIRST EXCEPTIONAL STONE TENDER



14 April 2014

Lucara Diamond Corp. reports that its first Exceptional Stone Tender of 2014 generated gross revenues of $50.47 million, or $42,347 per carat. The special tender of diamonds from the Karowe mine in Botswana, completed on April 10, 2014, consisted of 20 single stone lots totaling 1,191 carats, all of which were sold.

The highest value stones sold were a 167.-carat diamond and an 86.8-carat diamond, which sold for $12.7 million ($75,821/ct) and $5.1 million ($58,627/ct), respectively. Of the 20 diamonds on offer, 15 of these sold for more than $1 million, including eight, which sold for more than $2 million, notes the TSX-listed miner.

In addition to the exceptional stone tender, Lucara held two regular diamond tenders in the first quarter of 2014. A total of 107,500 carats were sold for combined revenues of $33.6 million. This, together with the exceptional stone tender, brings the total year-to-date revenues to $84.06 million, or $782 per carat.

"Strong regular tenders combined with the outstanding results from the exceptional stone tender continue to demonstrate the quality of the Karowe Mine and firmly establishes Karowe as one of the world's leading diamond producers by value, further reinforcing the updated resource statement issued in December 2013," says William Lamb, President and CEO.

According to Lamb, the company's next exceptional stone tender will be scheduled for the third quarter of this year. "Karowe Mine has, this year, produced a number of high value diamonds which we are considering for this tender, including a 153.5-carat gem quality stone."

Heavy haul rail projects to benefit African Energy’s Botswana coal

Heavy haul rail projects to benefit African Energy’s Botswana coal - Energy Business Review

Transnet Freight Rail (TFR) said that in 2015, the construction is
set commence on the 105km heavy-haul coal rail link between Botswana and
South Africa, immediately after the completion of feasibility studies.



The construction is a part of a R300 billion infrastructure investment program initiated by TFR.

Approximately
R40 billion has been allocated by TFR for the construction of this rail
link which will link into existing coal heavy-haul railway lines.



Designed
to carry 40-80 million tons per year, the rail link will transport coal
from Botswana into South Africa for state-electricity generator Eskom,
or exported through the seaborne market.



Gama said, "We are
planning to develop the Richards Bay Coal Terminal to support the
expected [volumes] from Botswana and the Waterberg coalfield in South
Africa."

Monday, 2 December 2013

[Press Releases] Moody's Botswanas 2013 sovereign credit rating


Moody's Botswanas 2013 sovereign credit rating



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http://www.bankofbotswana.bw

[Press Releases] IMF External Audit Committee


IMF External Audit Committee



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http://www.bankofbotswana.bw

[Press Releases] Bretton Woods Committee


Bretton Woods Committee



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http://www.bankofbotswana.bw

[Press Releases] Monetary Policy Decision - October 2013


Monetary Policy Decision - October 2013



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http://www.bankofbotswana.bw

[Latest News] DCI up 16.52 percent year-to-date


DCI up 16.52 percent year-to-date


The domestic companies index (DCI) rose by 0.45 percent during the week ending November 1, closing at 8 750.79 points from 8 711.53 points the previous week. For the ye


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http://www.bankofbotswana.bw

[Latest News] BoBC Auction Results (November 5)


BoBC Auction Results (November 5)


The 14-day BoBC yield dropped to 3.14 percent from 3.15 for a paper maturing on November 20, 2013 while that for 91-day maturing on&n


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http://www.bankofbotswana.bw

[Latest News] DCI up 16.75 percent year-to-date


DCI up 16.75 percent year-to-date


The domestic companies index (DCI) rose by 0.20percent during the week ending November 8


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http://www.bankofbotswana.bw

[Latest News] BoBC Auction Results (November 12)


BoBC Auction Results (November 12)


The 14-day BoBC yield edged up to 3.15 percent from 3.14 for a paper maturing on November 27, 2013. The results of the auction held on November 12,


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http://www.bankofbotswana.bw

[Latest News] DCI up 17.02 percent year-to-date


DCI up 17.02 percent year-to-date


The domestic companies index (DCI) rose by 0.23 percent during the week ending November


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http://www.bankofbotswana.bw

[Latest News] Inflation falls to 4.8 percent in October


Inflation falls to 4.8 percent in October


Headline inflation fell to 4.8 percent in October, down from 5.0 percent in September. Inflation decreased across several commodity groups, including: food and non-


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http://www.bankofbotswana.bw

[Latest News] BoBC Auction Results (November 19)


BoBC Auction Results (November 19)


The 14-day BoBC yield dropped to 3.13 percent from 3.15 for a paper maturing on December 4, 2013. The results of the auction held on November 19, ar


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http://www.bankofbotswana.bw

[Latest News] DCI up 17.52 percent year-to-date


DCI up 17.52 percent year-to-date


The domestic companies index (DCI) rose by 0.43 percent during the week ending November 22, closing at 8 825.74 points from 8 788.19 points the previous week. For the y


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http://www.bankofbotswana.bw

[Latest News] BoBC Auction Results (November 26)


BoBC Auction Results (November 26)


The 14-day BoBC yield dropped to 3.11 percent from 3.13 for a paper maturing on December 11, 2013. The results of the auction held on November 26, are summarised below.


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http://www.bankofbotswana.bw

[Latest News] Moodys retains investment grade ratings for Botswana


Moodys retains investment grade ratings for Botswana


In its 2013 review of Botswana, Moody’s Investors Services retained the A2 investment grade sovereign credit rating and stable outlook. This is based on the healt


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http://www.bankofbotswana.bw

[Interest Rates] 2013-11-18


2013-11-18


Bank Rate 8 91 Day 3.61 14 Day 3.15


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http://www.bankofbotswana.bw

[Interest Rates] 2013-11-19


2013-11-19


Bank Rate 8 91 Day 3.61 14 Day 3.15


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http://www.bankofbotswana.bw

[Interest Rates] 2013-11-20


2013-11-20


Bank Rate 8 91 Day 3.61 14 Day 3.13


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http://www.bankofbotswana.bw

[Interest Rates] 2013-11-21


2013-11-21


Bank Rate 8 91 Day 3.61 14 Day 3.13


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http://www.bankofbotswana.bw

[Interest Rates] 2013-11-22


2013-11-22


Bank Rate 8 91 Day 3.61 14 Day 3.13


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http://www.bankofbotswana.bw

[Interest Rates] 2013-11-25


2013-11-25


Bank Rate 8 91 Day 3.61 14 Day 3.13


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http://www.bankofbotswana.bw

[Interest Rates] 2013-11-26


2013-11-26


Bank Rate 8 91 Day 3.61 14 Day 3.13


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http://www.bankofbotswana.bw

[Interest Rates] 2013-11-27


2013-11-27


Bank Rate 8 91 Day 3.61 14 Day 3.11


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http://www.bankofbotswana.bw

Sunday, 1 December 2013

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