Latest Botswana News

Belararox Limited has raised A$8.5 million through a two-tranche placement to accelerate copper exploration at its high-potential projects in Botswana and Argentina, setting the stage for a busy drilling and geophysics campaign.

Botala Energy has disclosed an inadvertent breach of ASX Listing Rule 10.11 involving the issuance of shares to a related party without shareholder approval, and is taking corrective steps to resolve the issue.

Noronex Limited’s maiden diamond drilling at the Fiesta Copper Project in Namibia has validated multiple copper mineralised zones, setting the stage for a significant upcoming drilling campaign funded by South32.

Noronex Limited has confirmed deeper, higher-grade copper mineralisation at its Fiesta Project in Namibia through diamond drilling, setting the stage for a substantial 7,000m Reverse Circulation drilling campaign funded by South32.

Verity Resources has successfully raised $3 million through a two-tranche placement to accelerate drilling and resource upgrades at its Monument Gold Project amid strong gold market conditions.

Lotus Resources has completed a A$65 million placement to bolster its uranium projects in Malawi and Botswana, positioning itself for steady production and future expansion.

Noronex Limited has identified several promising uranium and thorium anomalies at its Etango North project in Namibia, validating prior AI models and setting the stage for drilling later this year.

Cobre Limited has struck a strategic deal with Sinomine International Exploration, securing up to A$3 million in funding and an option for Sinomine to acquire a 70% interest in the Okavango Copper Project in Botswana.

Lotus Resources has achieved a pivotal milestone by producing its first yellowcake at the Kayelekera Uranium Mine, marking its emergence as a global uranium producer. The company targets ramping up production to 200,000 pounds per month by early 2026.

Pure Hydrogen Corporation has raised A$1 million through a share placement with attaching options, aiming to accelerate its clean energy projects across Australia and the US.

Belararox Limited has initiated its maiden drilling campaign at the Kalahari Copper Project in Botswana, targeting promising copper mineralisation zones identified through advanced geophysical surveys. The program aims to unlock value in a region surrounded by major copper producers.

Sandfire Resources delivered a standout FY25 with a 12% rise in copper equivalent production and a 46% jump in underlying EBITDA, while slashing net debt by 69%. The company sets a confident FY26 outlook with modest production growth and continued capital discipline.