Alexander Forbes brings Financial Planning Consultants to Botswana

Alexander Forbes brings Financial Planning Consultants to Botswana

IFSC goes into partnerships with 13 international firms

Sunday Standard: “We want to ensure that the private sector plays a leading role in the investment promotion of our financial centre,” IFSC Acting CEO, Letsebe Sejoe, said.

Botswana Diamonds makes progress in Bots, Zim and Cameroon projects

Sunday Standard: “Sampling operations have commenced on our Mobilong licence in Cameroon. Two 100-150 tonne samples are being gathered from areas of potentially diamond-bearing conglomerate identified in earlier exploration,” the company said.

GMK Noril'skiy nikel' OAO : OJSC MMC Norilsk Nickel selects contractors for modernization of power generation facilities

4-Traders: MMC Norilsk Nickel, a company incorporated under the laws of the Russian Federation, is the largest diversified mining and metals company in Russia, the world's largest producer of nickel and palladium and one of the world's largest producers of platinum, rhodium, copper and cobalt. In addition to this, MMC Norilsk Nickel produces a large number of other by-products, including gold, silver, tellurium, selenium, iridium and ruthenium.

The key production units of the Company's group in Russia are at the Polar and Kola Peninsulas. MMC Norilsk Nickel international assets include operations in Finland, Australia, Botswana and South Africa.

MMC Norilsk Nickel's shares are traded at MICEX-RTS. ADR's on the Company's shares are traded on the other the counter market in the US and at the London and Berlin stock exchanges.

Diamonds.net - Leveraging South Africa’s Diamonds

Diamonds.net:
Industry leaders estimate that the number of cutters employed in South Africa has fallen to about 900, down from last year’s count of about 1,200. Ernie Blom, president of the Diamond Dealers Club, which represents the local industry at the World Federation of Diamond Bourses (WFDB), reasoned that the workforce has dwindled due to a combination of insufficient training, an aging skilled labor force, and competition from other centers in the region, particularly Botswana.
These are all valid. However, Blom and others stress that fewer goods are being supplied to sustain the local factories. This scenario became most evident when De Beers Diamond Trading Company (DTC) announced in December 2011 that it is cutting the number of its South African sightholders from 14 to 10, effective from next month’s April sight. In addition, De Beers is expected to supply fewer goods to those successful sightholders as the company continues to shift its focus toward Botswana (see Editorial “Moving DTC” published on March 16, 2012).