Friday, 8 April 2011
Sono Resources Announces Management and Board Appointments
Sono Resources Inc. (OTCQB: GVRS) (www.sonoresourcesinc.com) announced that the Company has appointed Peter Wilson as President and Director, William D. Thomas as CFO and Director and Paul Robert Lindsay as a Director of the Company. During the past 20 years, Mr. Wilson lead the management of several public companies through his private investment firm which is based in Vancouver, Canada. His experience spans a wide range of property negotiations, but primarily the financings of companies in the mining, energy and real estate industries. His business experience includes international assignments in the United Kingdom, Canada, the United States, Switzerland and Norway.
Monday, 4 April 2011
CIC’s buyout by JSW in doubt
IOL.co.za: "CIC Energy Corp said the Botswana government had declined to renew one of its two mining licenses there which could derail a buyout of the Canadian coal miner by Indian power utility JSW Energy Ltd. CIC's shares fell 16 percent. The company said it was discussing the new developments in Botswana with JSW Energy, and the deal will not go through unless the latter waives a license renewal condition. Last November, CIC had agreed to a C$422 million, or C$7.42 a share, buyout offer from JSW Energy, subject to its getting both its Mmamabula East and Mmamabula South mining licenses renewed in Botswana. The buyout offer comes at a time when Indian firms are scouting coal assets overseas to fire up power plants at home, looking to benefit from the energy-hungry nation's aim to halve its nearly 14 percent peak-hour power deficit within two years."
Friday, 25 March 2011
Botswana Diamonds gets licence in Cameroon
Botswana Diamonds has been awarded an 8,087 square kilometre diamond exploration reconnaissance licence in Cameroon.
The concession is held 85% by Botswana Diamonds and 15% by local Cameroon partners.
The reconnaissance licence is for an initial period of 12 months with an automatic right to a one-year extension on performance of the agreed work programme - including sampling, geochemical work and geological mapping.
Following completion of the agreed work, Botswana Diamonds can apply for one or more multi-year exploration licences of up to 1,000 square kilometres each.
The concession is held 85% by Botswana Diamonds and 15% by local Cameroon partners.
The reconnaissance licence is for an initial period of 12 months with an automatic right to a one-year extension on performance of the agreed work programme - including sampling, geochemical work and geological mapping.
Following completion of the agreed work, Botswana Diamonds can apply for one or more multi-year exploration licences of up to 1,000 square kilometres each.
Botswana's Economy to Grow 10-12% This Year, Mohohlo Says
Botswana's economy may expand by 10 percent to 12 percent this year on a recovery in world diamond demand, said Linah Mohohlo, the governor of the country's central bank.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/03/23/bloomberg1376-LII5T36TTDSA01-0R5L81BDJ999H4BNL11IVELFHI.DTL#ixzz1HbwFQ9FYGIA Offers Diamond Grading Classes in Gaborone
The Gemological Institute of America (GIA) will offer diamond grading lab classes in Gaborone, Botswana, in April and again in September. These classes offer a practical, hands-on approach to learning and are designed to help students in Botswana increase chances for employment and career development within the diamond production industry.
Thursday, 24 March 2011
Wednesday, 23 March 2011
Australian Junior unearths large zinc anomaly in Botswana
Mineweb
Mt. Burgess has identified a large zinc soil geochemical anomaly on its Kihabe-Nzuu base metals prospect in Botswana.
Mt. Burgess has identified a large zinc soil geochemical anomaly on its Kihabe-Nzuu base metals prospect in Botswana.
Saturday, 19 March 2011
What's ahead for the stock market
Events in Japan, Libya and Bahrain will certainly continue to affect markets. Investors will also pay close attention to quarterly results from Tiffany, General Mills, Best Buy, Oracle and Research In Motion.
Thursday, 17 March 2011
Monday, 14 March 2011
Saturday, 12 March 2011
Thursday, 10 March 2011
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Wednesday, 9 March 2011
Monday, 7 March 2011
Tacy LTD - BOTSWANA'S JANUARY DIAMOND EXPORTS UP 40%
Botswana saw a 40 percent increase in the value of its January diamond exports, which totaled US$354.3 million, compared to the same month last year. According to statistics published by the Bank of Botswana, the country's January 2011 exports also rose 136.8 percent over the previous month.
In 2010, the country exported US$3.2 billion worth of diamonds, a 45 percent increase over 2009 exports.
The bank's figures are sourced from the Central Statistics Office, the Diamond Trading Company Botswana, and two of 16 diamond manufacturers operating in Gaborone.
Tuesday, 1 February 2011
Saturday, 29 January 2011
Wednesday, 19 January 2011
Thursday, 13 January 2011
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