Gem spends P720m to bring Ghaghoo on stream
Friday, August 22, 2014
Apart from Karowe in Boteti, Ghaghoo, which will be officially opened on September 5, will be the country’s only other operating diamond mine outside the Debswana stable.
“$10.8 million was invested in Phase one development costs at Ghaghoo, bringing the total spending on the development at the end of the period to US$82.0 million out of a budgeted US$96.0 million. The balance of all costs associated to complete Phase one will be spent during the second half of 2014,” stated Gem in their 2014 first half results.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...