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New studies confirm platinum, critical minerals’ deposits

Coming soon: Platinum deposits have been discovered in the western half of the country PIC: HARRY TAYLOR/GETTY IMAGES
Coming soon: Platinum deposits have been discovered in the western half of the country PIC: HARRY TAYLOR/GETTY IMAGES

Geologists at the Botswana Geoscience Institute (BGI) have announced the discovery of platinum, as well as the valuable “critical minerals”, which are highly sought after all over the world, especially because of the global energy transition, BusinessWeek has learnt.

The platinum deposits have been spotted in the Gantsi and Chobe areas. Platinum is a rare mineral with wide industrial usages, including in the production of optical fibres and turbine blades.

One of the critical minerals, manganese, has been confirmed to occur in a vast deposit in the Kanye area. A developer in the area is close to commercial operations. The latest discoveries suggest that the mining sector will continue to reap rich rewards for the country, even as its mainstay – diamonds – reaches maturity in the next few decades.

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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