Botswana Chamber of Mines: Mining in Botswana “On the Rebound”
In an interview with Mining Weekly, Botswana Chamber of Mines CEO Charles Siwawa said that “following the onset of the Covid-19 pandemic, as well as the sustained period of subdued commodities prices from 2015 to 2019,” Botswana’s mining sector is on the rebound – mostly due to “several mining projects either nearing or starting production” in 2022.
The projects, which include several copper, iron-ore, manganese and uranium mines, “have been buoyed by a notable increase in commodities prices,” he added.
Recently, in an interview with Bloomberg News quoted by IDEX Online, the President of Botswana, Mokgweetsi Masisi, said that his country aims to expand its diamond production as Russia faces global sanctions. Masisi also said that Botswana aims for more of its diamonds to be cut and polished in the country rather than being exported. Botswana is currently the world’s second-largest producer of diamonds by volume.