Latest Botswana News

Sandfire Resources capped FY26 with a 38% jump in quarterly copper equivalent output, record financials, and a strong FY27 production outlook.

Botala Energy’s Pitse Pilot well 3.5B in Botswana has successfully completed hydraulic stimulation and entered commercial production testing, marking a critical step toward establishing gas flow rates above 70 GJ/day.

Cobre Limited has secured A$72.4 million of a planned A$90 million placement, reinforcing its balance sheet and funding key expansions at the Sierra Atacama copper project.

Belararox, soon to be Vantage Metals, has sharpened its exploration focus at Botswana’s Kalahari Copper Project with new airborne electromagnetic data revealing additional copper targets. The company has locked in a drilling contractor and plans to start drilling imminently.

Noronex has completed a 7,112m drilling phase across its Kalahari Copper Belt projects, confirming copper-silver mineralisation and refining its exploration model with South32’s backing. A 3,000m drill program is slated for late 2026.

Cobre Limited has secured A$90 million through a two-tranche placement to boost production and exploration at its Sierra Atacama copper mine while strengthening its balance sheet.

Botala Energy confirms encouraging reservoir permeability at its Serowe-3.5B well in Botswana, setting the stage for hydraulic stimulation and production testing that could unlock commercial gas flows.

Verity Resources has kicked off a systematic soil sampling and geological mapping campaign across its 903km² PL123/2024 tenement in Botswana, targeting copper, nickel, cobalt, silver and gold mineralisation analogous to the nearby Selebi Ni-Cu mine.

Belararox’s latest geophysical work at its Kalahari Copper Project in Botswana reveals promising geological continuity extending from the nearby Khoemacau mining district, setting the stage for drilling to begin in July.

Blaze Minerals has completed a 443-metre trenching campaign at its Krokodil Prospect in Botswana, confirming in-situ copper, lead, and zinc mineralisation with notable spot XRF readings. Laboratory assay results are expected in 6-8 weeks as the company plans further soil sampling to extend the target zone.

Botala Energy’s central production well 3.5B at the Serowe CBM Project in Botswana has completed key pre-stimulation steps, setting the stage for a multi-stage stimulation program and a 90-day flow test to evaluate commercial gas production potential.

Strata Investment Holdings has dismissed a cash acquisition proposal from Freedom BidCo, citing undervaluation, even as it raises A$8 million to fund strategic investments and litigation.