Mineral revenues jump 63% as diamonds recover

Kebonang
Kebonang

The mining industry recorded an increase in mineral revenue by 63% in 2016 as compared to 2015 largely due to a rebound in diamond sales.

Mineral Resources, Green Technology and Energy Security minister, Sadique Kebonang said this when presenting his Committee of Supply speech to Parliament this week.

He noted that the mining industry experienced a global commodity price turndown over most of the first two quarters of 2016, mainly in the base metals and energy minerals.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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