Botswana Mining Report - Business Monitor International - Industry Reports

Botswana Mining Report

Botswana Mining Report - Business Monitor International - Industry Reports
Botswana Mining Report
Published Aug 30, 2016
57 pages — Published Aug 30, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

In April ----, UK-owned diamond exploring company Botswana Diamonds begun drilling at the PL--- and PL-- licences in the Orapa mining province. The company secured exploration rights for the area in ---- as part of a --:-- joint venture (JV) with Russian miner, Alrosa. In the same month, the company announced its interim results for the six-month period ending December --, ----, reporting a net loss of USD---,---. Botswana Diamonds chairman John Teeling attributed the loss to the current depression in global diamond prices and a lack of investor interest in exploration companies. BMI s short-term outlook for Botswana s mining sector remains bearish, though we see production recovering from ---- as global diamond prices stabilise. We have raised our coal price forecasts due to a more aggressive contraction in global mine production than we anticipated, predominately in China. We now forecast Newcastle coal to average USD--.-/tonne in ---- (previously USD--.-/tonne) and USD--.-/tonne in ---- tonne (previously USD--.-/tonne)

...Debswana will remain the dominant force in Bostwana s diamond mining sector, having recently shifted its administrative centre from London to Gaborone. The company, which is a --:-- joint venture between De Beers and Botswana s government, is the world s fourth largest diamond producer and is responsible for about -- of the country s total output. ...Debswana will remain the dominant force in Bostwana s diamond mining sector, having recently shifted its administrative centre from London to Gaborone. The company, which is a --:-- joint venture between De Beers and Botswana s government, is the world s fourth largest diamond producer and is responsible for about -- of the country s total output. In ----, Debswana produced --.-mnct, according to the company s annual report. ...Debswana has lowered its short-term output projections accordingly, with production expected to fall to --mn carats (mnct) in ---- from an estimated output of --mnct in ----. De Beers has also stated that it is looking for new diamond reserves outside Botswana.

...In April ----, UK-owned diamond exploring company Botswana Diamonds begun drilling at the PL--- and PL-- licences in the Orapa mining province. The company secured exploration rights for the area in ---- as part of a --:-- joint venture (JV) with Russian miner Alrosa. ...

  
Source:
Document ID
1755-7771
Country
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Botswana Mining Report" Aug 30, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Botswana-Mining-Report-2026-495>
  
APA:
Business Monitor International - Industry Reports. (2016). Botswana Mining Report Aug 30, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Botswana-Mining-Report-2026-495>
  
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