Discovery inks deal with Swiss firm

DISCOVERY Metals has inked an initial five-year offtake deal with Swiss-based non-ferrous raw materials trading company Transamine for all the copper concentrate from its Boseto project in Botswana.

The Australian mining company has established the long term strategic alliance with Transamine, ahead of its expected mine opening in 2012

According to a press release from Discovery, the companies have agreed on an initial five year off take contract in anticipation of a decision to proceed with the construction of the Boseto Copper Project in Maun. Transamine will purchase 25m shares in DML in recognition of the strategic relationship between the parties.

Editor's Comment
Inspect the voters' roll!

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...

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