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Glimmers of hope in mining’s doom and gloom

Friday, June 20, 2025 | 390 Views |

Anchoring hope: Kenewendo at the Future of Mining Summit PIC: PHATSIMO KAPENG

Between multi-billion Pula expansions in copper and a P3 billion U.S government loan for the Kanye manganese project, mining is alive with hope. Even the troubled diamond sector received a timely boost this week from a landmark marketing deal. MBONGENI MGUNI writes

It’s quite easy to conflate the downturn in diamonds with a slump in the general mining industry. In fact, it’s almost inevitable.

After all, diamonds dominate receipts earned from the mining sector in terms of tax revenues, royalties and dividends to government. The country’s diamond mines have the highest direct and indirect employment figures in the mining sector and are also the main breadwinners in terms of foreign currency receipts.

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Glimmers of hope in mining’s doom and gloom

Between multi-billion Pula expansions in copper and a P3 billion U.S government loan for the Kanye manganese project, mining is alive with hope. Even the troubled diamond sector received a timely boost this week from a landmark marketing deal. MBONGENI MGUNI writes

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Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

Branch fires early warning shot as Portugal fuels title push

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