If you got a question, look no further.
We post the most common questions
in our FAQ section.
Please fill in the form below to receive a Free Sample of the Report.
BMI View: Botswana's mining industry has considerable potential, with
sizeable mineral deposits complemented by a stable political climate and
supportive regulatory environment.
Latest Updates & Forecasts
-In April 2016, UK-owned diamond exploring company Botswana Diamonds begun
drilling at the PL260 and PL21 licences in the Orapa mining province. The
company secured exploration rights for the area in 2015 as part of a 50:50 joint
venture (JV) with Russian miner, Alrosa. In the same month, the company
announced its interim results for the six-month period ending December 31, 2015,
reporting a net loss of USD388,000. Botswana Diamonds chairman John Teeling
attributed the loss to the current depression in global diamond prices and a
lack of investor interest in exploration companies.
-BMI's short-term outlook for Botswana's mining sector remains bearish, though
we see production recovering from 2017 as global diamond prices stabilise.
-We have raised our coal price forecasts due to a more aggressive contraction in
global mine production
than we anticipated, predominately in China. We now forecast Newcastle coal to
in 2016 (previously USD51.0/tonne) and USD57.0/tonne in 2017 tonne (previously
(see: 'Thermal Coal: Upward Revision On Supply Curbs', June 23 2016).
-In March 2016, the CEO of state-owned Botswana Oil Company, Willie Mokgatlhe,
said that the company was exploring opportunities for coal beneficiation. The
move would see the government start to leverage the country's considerable coal
reserves by converting them into liquid energy products.
-Although Sub-Saharan Africa (SSA)'s coal production growth will remain
positive, low coal prices will reduce the sector's overall investment
attractiveness, limiting new projects coming online. In 2016, SSA will produce
270mn tonnes (mnt) of coal, accounting for 3.7% of global coal production. We
expect SSA's share to increase marginally to 3.8% by 2020 on the back of a
number of new projects coming online.