Latest Botswana News

Cobre Limited has secured a A$1.5 million investment from Sinomine International, marking a key step in advancing copper exploration at Botswana’s Okavango Project. This funding will support a targeted diamond drilling program aimed at expanding promising mineralisation near established deposits.

Noronex Limited has secured a significant earn-in agreement with South32, enabling a A$5 million exploration program at the Cgae Cgae Copper Project in Botswana. This deal expands their strategic alliance and sets the stage for extensive drilling activity in the Kalahari Copper Belt.

Cobre Limited has secured Environmental Impact Assessment approval for its In-Situ Copper Recovery pilot plant in Botswana, marking a pivotal step towards project development.

Verity Resources has acquired the remaining 34% joint venture interest in its Botswana copper-silver and nickel projects, gaining 100% ownership of a strategically significant critical metals portfolio. This move positions Verity to accelerate development in a region benefiting from major US export-import bank financing.

Belararox Limited advances its maiden drilling campaign at Botswana’s Kalahari Copper Project, intersecting key geological contacts earlier than expected and optimizing operations with additional rigs.

Pioneer Lithium refines its exploration focus, prioritizing its US uranium projects with Skull Creek nearing drill readiness, while withdrawing from a Namibian uranium asset to optimize capital and value creation.

Noronex Limited has raised $750,000 through a strategic placement to fund uranium exploration at its Etango North Project in Namibia, complementing its ongoing copper programs backed by South32.

Cobre Limited has demonstrated the technical viability of its integrated In-Situ Copper Recovery process at the Ngami Copper Project, producing high-quality copper cathode in bench-scale tests. This milestone paves the way for pilot studies and environmental permitting.

Verity Resources reports robust Phase 1 drilling results at its Monument Gold Project, validating historical data and supporting a resource upgrade. Phase 2 drilling is underway to expand high-grade zones along a largely untested 20km trend.

ENRG Elements Limited has announced a renounceable entitlement offer to raise approximately A$1.63 million through the issue of new shares and attaching options, partially underwritten by Mahe Capital Pty Limited. The capital raise aims to fund exploration and corporate activities amid ongoing geopolitical and market risks.

ENRG Elements Ltd has announced a renounceable entitlement offer to raise up to $1.6 million, priced at a 50% discount, to fund gold-focused business development and exploration in Central Asia.

Noronex Limited has kicked off a significant 7,000m reverse circulation drilling campaign at its Powerline Copper Project in Namibia, aiming to unlock new copper-silver deposits along the Kalahari Copper Belt. Funded by South32 under an earn-in agreement, this program targets promising domal structures identified by aeromagnetic surveys.