Australian mining company receives green light to build Botswana copper mine

- Advertisement -

GABORONE, Botswana (CU)_Botswana’s economy is largely dependent on diamonds, which makes a contribution of 70 per cent to the its export revenue, as the Southern African nation produces the world’s largest gem diamonds. However, the industry came under the spotlight last year amid the COVID-19 pandemic, which curtailed mining operations, affecting the government’s earnings significantly.

On the other hand, the mining industry is also experiencing widespread backlash from environmental campaigners amid the recent revival in global efforts to slash greenhouse gas emissions. Therefore, experts are of the view that the Kalahari copper belt, extending from northeast Botswana to western Namibia, aid Botswana’s efforts to diversify its sources of income away from diamond revenues.

Against such a background, Australian mining company Sandfire Resources has been obtained the mining licence for…

Hot this week

A Mayor’s Murder and a Nation’s Dilemma: How Far Will Mexico Go to Stop the Cartels?

The assassination of Uruapan Mayor Carlos Alberto Manzo Rodríguez...

Carney’s Immigration Pivot: Can ‘Sustainability’ Replace Volume Without Slowing Growth?

Canada’s incoming government, under Prime Minister Mark Carney, is...

Ransomware Hits 48% of Indian Businesses: Can AI Governance Close the Security Gap?

In a stark wake-up call for Indian businesses, a...

Will the 2026 G20 in Johannesburg Be the Turning Point for Africa’s Economic Future?

G20, short for the “Group of 20,” is an...

Neighbors to allies, Australia and PNG unite in solidarity

Neighboring countries, Australia and Papua New Guinea (PNG), whose...
- Advertisement -

Related Articles

- Advertisement -sitaramatravels.comsitaramatravels.com

Popular Categories

Commonwealth Union
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.