Latest Botswana News

Pure One Corporation Limited is set to exit its 40% stake in Turquoise Group for AUD 5 million, securing a substantial profit and refocusing on its core clean energy ventures.

Verity Resources has wrapped up a major 10,860-metre drilling program at its Monument Gold Project, aiming to upgrade and expand its gold resource in Western Australia’s Laverton Goldfields.

Lotus Resources plans a significant share consolidation to better align its capital structure with its ASX300 status, aiming to attract a broader investor base. The move, subject to shareholder approval, coincides with a proposed update to the company’s constitution.

The Minerals Development Company Botswana has increased its investment in Botala Energy’s Serowe coal bed methane project to approximately A$4 million, signaling strong government backing for the company’s LNG ambitions.

Cobre Limited has confirmed the continuity of higher-grade copper-silver mineralisation at its Cosmos Target within Botswana’s Ngami Copper Project, prompting an extension of its drilling program to further delineate the resource.

Noronex Limited’s initial drilling at the Powerline Copper Project in Namibia reveals a promising copper-silver mineralised horizon, validating its geological model and prompting further exploration.

Noronex Limited has agreed to sell its Witvlei copper project in Namibia for A$4.5 million, enabling a sharper focus on its core Kalahari Copper Belt assets and uranium exploration. The staged payment deal includes options issuance and a royalty, signaling strategic portfolio refinement.

Cobre Limited’s latest drilling at the Cosmos Target within Botswana’s Ngami Copper Project reveals promising continuity of high-grade copper-silver mineralisation, prompting an expanded drill program.

Belararox Ltd announces the immediate resignation of founding Managing Director Arvind Misra, with Chairman Neil Warburton stepping in as interim leader during the search for a new executive director.

Belararox Ltd has signed a drilling contract with Boart Longyear, setting the stage for deep diamond drilling at its TMT Project in Argentina. Concurrent geophysical surveys are refining targets ahead of planned Q4 2025 drilling.

Cobre Limited has landed a $4 million strategic investment from Tribeca Investment Partners to accelerate development of its Ngami In-Situ Copper Recovery project in Botswana, marking a key step toward commercialising this promising copper resource.

Verity Resources has identified a compelling new gold target at its Monument Gold Project in Western Australia through a recent geophysical survey, with drilling set to commence imminently.