Botswana Accelerates Mining Exploration as Diamond Market Weakens

Botswana, Africa's leading diamond producer by value, is intensifying mining exploration to reduce reliance on diamond revenues amid a protracted global downturn in the natural diamond market.

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Mines Minister Bogolo Joy Kenewendo announced that the government will significantly expand geological surveying across the roughly 70% of the country that remains unexplored, aiming to identify deposits of critical and high-value minerals, such as copper, cobalt, and others essential for advanced manufacturing and energy transition sectors.