Ray of light beams for gold mining in the North

Friday, July 03, 2026 | 320 Views |

Ready to rumble: Yilmaz (centre) and his lawyers in Gaborone recently. The investor is eager to finalise the takeover of Mupane and conduct a due diligence

Nearly three years after the closure of Mupane Gold Mine hit the economy of the North, a new chapter is beginning to emerge for the country's gold sector.

Following a protracted legal battle that culminated in the approval of the mine's acquisition by Turkish precious metals group AgaOne Commodities, in partnership with citizen-owned Nova Africa, a glimmer of hope has begun to emerge for the country’s gold commodity prospects and the northern economy.

Leading the charge is AgaOne Commodities chairman, Gokhan Yilmaz, whose ambitions for Mupane extend far beyond restarting gold production.

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