Wednesday, 22 May 2013

Botswana Mining Report Q3 2013

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Botswana Mining Report Q3 2013
May 22nd 2013, 00:00

We are positive on the outlook for Botswana''s mining sector over our forecast period, to 2017. Diamondoutput will remain the mainstay of Botswanan mining production, boosted by new projects being plannedby both Gem Diamonds and Lucara Diamond Corp.; however, key mining projects, such as DiscoveryMetals'' Boseto project, are also being developed in the copper, uranium and coal sub-sectors. Botswana''smining sector is on course for stable growth over the next few years and we forecast the sector to average3.1% growth from 2012 to 2017, reaching a value of US$5.96bn by 2017.Diversification The PriorityBotswana has been stepping up efforts to diversify its mining se...

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