IAMGOLD Signs Option for Sale of Sleeping Giant

Trading Markets (press release) - Los Angeles,CA,USA
TORONTO, ONTARIO, Oct 09, 2007 (MARKET WIRE via COMTEX) -- IMG | charts | news | PowerRating -- IAMGOLD Corporation ("IAMGOLD" or "the Company") (TSX: ...
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AfricanSelect | Innscor Africa Limited - INNSCOR: Stock quote and news

Sefalana Holding Company Limited. Botswana SEFALANA, 12 Oct. Close (BWP), Chg, Vol '000, Cap (Mil). 34.00, 0.00, N/A, 544. Chobe Holdings. Botswana ...

AfricanSelect | Standard Chartered Bank Botswana Limited ...

Standard Chartered Bank Botswana Limited. Botswana STANCHART, 16 Oct. Close (BWP), Chg, Vol '000, Cap (Mil). 26.00, 0.00, N/A, 7490 ..

TheLion.com - Turnstar Holdings Limited (TURN)

Turnstar Holdings Limited (TURN). Quote | Charts | AIO Message | Blogs | Earnings Est. | Ratings | SEC Filings | Major Holders | Insiders Trades | Options ...

Botswana government grants copper project 25-year mining licence

The government of Botswana has granted African Copper a 25-year mining licence for its 100%-owned Dukwe project, allowing the company to accelerate. ...

Mineweb - RSS - African Diamonds expects big Botswana mine by end-2009

Mineweb - RSS - African Diamonds expects big Botswana mine by end-2009
African Diamonds has applied for a mining lease for the massive AK6 diamond mine in Botswana. The mine is due to start production in 2009 and is expected to ...

SA MINISTER BUYELWA SONJICA ADDRESSES DIAMOND CONFERENCE PARTICIPANTS

Tacy - Ramat Gan,Israel
... strong diamond industry infrastructure and she commended the progress made in diamond cutting and polishing activities in Botswana, Namibia and Angola. ...
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INTERVIEW-African Diamonds sees big Botswana mine by end-2009

Reuters UK - UK
African Diamonds is developing the mine in a joint venture with De Beers, which is 45 percent owned by Anglo American (AAL.L: Quote, Profile, Research). ...
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CIC Energy Project Update

Canada NewsWire (press release) - Canada
CIC Energy is a TSX/BSE-listed company engaged in the advancement of the Mmamabula Energy Project, a planned power station and integrated coal mine in ...
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AllAfrica.com - Washington,USA
Three-time African footballer of the year, Abedi Pele of Ghana will visit Botswana next month as part of the Stanbic Bank 2008 African Cup of Nations ...
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We want to be no less than Antwerp, Jerusalem, Mumbai - Mogae

Mining Weekly - Garden View,South Africa
Debswana, the Botswana government-De Beers joint venture company, owns a 15 % of De Beers, in which the London-listed Anglo American plc has a 45 ...
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Botswana Aims To Rival Major Diamond Cutting Centers, Says President

Diamonds.net - New York,NY,USA
Botswana is looking to rival the major diamond cutting and polishing centers of Belgium, Israel and India, as the manufacturing sector in the Southern ...
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Major Companies of Africa South of the Sahara 2008

Avis Botswana Car Rental. 00116. Avis Rent-A-Car Botswana. 00116. Bamangwato Concessions Ltd. 00123. Bank Gaborone. 00117. Bank of Baroda (Botswana) Ltd ...

Sefalana Holding Company Limited (Exchange: BSE Ticker: SEFALANA) [africanselect.com]

Law firms enter tussle for lead rights issue advisor

Business Daily Africa - Nairobi,Kenya
Acquisitions in the southern African market through its Botswana subsidiary, Olympia Capital Corporation and the setting up of new plant in Nairobi are ...
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Botswana smelter restarts after six-week repair

Canada's LionOre Mining International said this week production at the BCL smelter in eastern Botswana had resumed after the smelter was shut down for six weeks to repair a leaky boiler tube.

By Martin Czernowalow
Published on 20 Mar 03 - 0:00

Canadian miner buys Botswana nickel mines

Canada’s LionOre Mining International said it had agreed to pay $75,9-million for Anglo American nickel mining interests in Botswana.

By Unknown
Published on 08 May 02 - 0:00

Botswana nickel smelter shut after boiler leak

Canada's LionOre Mining International said the BCL smelter in eastern Botswana, which processes concentrate from LionOre's Tati Nickel mines into matte, had been temporarily shut after a leak in a boiler tube.

By Martin Czernowalow
Published on 05 Feb 03 - 0:00

Ramp-up planned at Botswana's Tati Nickel

International nickel and gold producer LionOre yesterday said that it has established, a low capital cost plan to increase production from the current design capacity of 12 500 t to 14 500 t of payable nickel a year at Tati Nickel, in Botswana.

By Liezel Hill
Published on 16 Sep 05 - 0:00

Company Announcement: Tati Nickel mine employs DSE as main fabricator

Attached please find a press release on: A close working relationship between DSE and Dowding, Reynard & Associates (DRA) ensured sufficient fabrication capacity to meet the needs of LionOre South Africa’s fast-track Tati Nickel 12 mtpa DMS project in Botswana.

By Creamer Media Reporter
Published on 13 Aug 07 - 8:43
Relevancy: 90%

Aviva seeks Botswana Stock Exchange listing

WA Business News (subscription) - Northbridge,Western Australia,Australia
South Perth-based energy company Aviva Corporation Ltd plans to list on the Botswana Stock Exchange by the end of November, the company has announced. ...
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Letshego release Interim results

The consumer finance group released its interim results for the nine months ended 31 July 2007. Interest income firmed 15.5% to P134.1m driven by solid book growth with net advances rising 58% to P625.5m. The net interest margin trimmed to 89.5% compared to 94.7% in the same period last year. Fee and commission income which is comprised of joining fees for the Legal Guard insurance product, arrangement fees for the executive loan product, and commission and administration fees from credit life insurance increased to P33.0m from P15.7m the previous period. Other operating income increased 32% to P2.8m.Expenses were up considerably on the back of start-up and operational costs incurred in the group’s regional expansion activities. Staff costs rose 69% to P25.8m while other operating expenses were up 55% to P21.5m.Net income for the period increased 15% to P88m producing basic EPS of 58.4t versus 50.9t for the same period last year. Botswana was the major contributor to revenue and profitability. Swaziland contributed P9m in pre-tax profits while all the other African operations reported losses, the biggest being a P2m loss in Tanzania. The group has secured a US$7.5m facility and it is in negotiations for a further US$50m facility. An interim dividend 14.0t per share was declared payable on 2 November 2007

CIC Ventures Into Gas Production

Tuesday, October 16, 2007; Posted: 11:28 AM

Francistown, Oct 16, 2007 (The Voice/All Africa Global Media via COMTEX) -- SSL | charts | news | PowerRating -- CIC Energy is conducting a feasibility study into the construction of a coal gasification plant in Botswana. The plant, if it were to be constructed, could produce about 80 000 bbl per day. This feasibility study poses threats to Sasol, which may soon have a regional competitor in synthetic fuels in the near future.

CIC Energy, which is developing the Mmamabula Energy Project 50 km north of the South African border, in Botswana, will be an integrated power station and coal mine, the first phase of which is expected to deliver 2 400 MW by 2012. Pieter du Toit, CIC Energy's Vice President for Coal To Liquids (CTL) and a former Sasol employee, says the idea to do something more with the vast coal reserves the company owns has been in development for months.

The Mmamabula coal fields are expected to yield at least 2,2bn t of coal, just over half of which will be used to feed Mmamabula, which ultimately is planned to produce at least 4 800 MW of electricity for 40 years. This will leave the company with more than 1bn t of coal. This surplus is being considered as a feedstock for a CTL plant. Du Toit said CIC Energy is in discussion with an undisclosed energy major which licenses gasification technology to study how the Mmamabula coal reacts to its licensed processes. CIC Energy has also commissioned a London-based energy research group to do a comprehensive study of what products would be best suited to the markets of Southern Africa. It is also exploring which products may best be exported.

He said anything from methanol and urea to liquid petroleum gas is being considered for export. Once the study is completed, CIC Energy will be better placed to decide what sort of plant it will build. Dov Girnun, CIC Energy's Vice President for project development, revealed that there have been initial discussions with the Botswana government about the construction of a large CTL plant.

Du Toit said the costs Sasol expects to incur with its planned Mafutha plant which is between US$6bn and $8bn, are in line with the costs CIC Energy may incur. Girnun explained that the relationship CIC Energy has with the Botswana government is "brilliant", with company executives enjoying regular access to the country's top administrators.

Given the huge and growing demand for liquid fuels in South Africa, CIC Energy is optimistic about the future of the project. Du Toit said by mid-2009 the bankable feasibility study will be completed and the company could be in a position to begin construction. The engineering, procurement and construction phase would take at least four years, and the ramp-up and commissioning would take another year to

18 months. Girnun says the company is under no illusion about the complexity of a project of this scale and will look to develop the plant in partnership with an established technology and energy partner.

African Diamonds sees big Botswana mine by end-2009 - Topix

African Diamonds Plc has applied for a diamond mining lease for a one-million -carat-a-year mine in Botswana and is due to start production by late 2009. ..

Acquisitions Still Strategy At Stanbic - MD

Stanbic Bank will continue with its strategy to acquire other banks in the market if the opportunity arises.. Stanbic Deputy Managing Director ...
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