Botswana Diamonds �the only company� exploring for kimberlites in South Africa
Tuesday, October 10, 2017
To his knowledge, BOD is the sole active explorer for primary kimberlites in the country.
“South Africa has long been seen as the domain of [diamond mining major] De Beers,” says Campbell, pointing out that De Beers has scaled down its exploration over the past couple of decades and entirely ceased all exploration in recent years.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...