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Botswana

Open in the explorerOrganisations (8)Events

Production, refining and reserves

CommodityMetricValueWorld rank · shareSource
CopperMine production 202234,201 t Cu content#32 · 0.2%USGS Minerals Yearbook 2022 (copper), table 20
NickelMine production 201226,000 t Ni content—USGS MCS 2013
NickelReserves 2012490,000 t Ni content#14 · 0.7%USGS MCS 2013
UraniumResources 202387,200 t U content#16 · 1%NEA/IAEA Red Book 2024 (Uranium 2024), Table 1.2a, <USD 260/kgU
SilverMine production 202231.2 t Ag content—USGS Minerals Yearbook 2022, The Mineral Industry of Botswana, table 1 (advance data release)
Soda ashMine production 2025290,000 t sodium carbonate (natural)#3 · 2%USGS MCS 2026
Soda ashReserves 202516 million t sodium carbonate (natural)#4 · 0.1%USGS MCS 2026
Diamond (industrial)Mine production 20255 million carats#3 · 13%USGS MCS 2026
Diamond (industrial)Reserves 2025250 million carats#2 · 15%USGS MCS 2026

Policies and export measures

Policy tracker →

  • Date n/a · trade measure

    Mines and Minerals (Amendment) Act No. 14 of 2024: beneficiation and 24% citizen equity

    Amendments to the Mines and Minerals Act add local beneficiation requirements, a 24% citizen equity participation provision and preferential procurement measures, together with environmental rehabilitation guarantees and tougher penalties. The Minister of Minerals and Energy said the amendments came into effect in October, and that regulations setting minimum beneficiation requirements for all mineral groups were being drafted.

    Source: Daily News, Botswana Government (dailynews.gov.bw)

Trade in critical minerals

Exports 2024$846 m

  1. Copper$836 mto China 91%, Taiwan 5%, Finland 3% · 7 more
  2. Nickel$5 mto Canada 51%, China 25%, Namibia 24%
  3. Aluminium$5 mto India 48%, South Africa 44%, China 6% · 3 more
  4. Lead$181 kto South Africa 100%
  5. Lithium*$3 kto South Africa 93%, Taiwan 6%, Namibia 2%
  6. Manganese$1 kto Namibia 81%, South Africa 19%
  7. Zinc$1 kto South Africa 100%
  8. Silicon$1 kto Namibia 100%

and 3 more commodities

Imports 2024$7 m

  1. Lead$6 mfrom South Africa 100%
  2. Manganese$407 kfrom Zambia 48%, South Africa 33%, China 19% · 1 more
  3. Potash$69 kfrom South Africa 99%, Namibia 1%
  4. Rare earths$25 kfrom South Africa 99%, China 1%, Poland 0%
  5. Copper$12 kfrom South Africa 100%
  6. Graphite (synthetic)$11 kfrom South Africa 100%
  7. Aluminium$8 kfrom South Africa 100%
  8. Tungsten$7 kfrom South Africa 60%, Australia 40%

and 18 more commodities

Trade values in current US dollars (ores, concentrates, intermediates, chemicals and refined metal), not prices. * Includes HS codes that also cover other products. Source: CEPII BACI (HS22), Etalab Open Licence 2.0 — details.

Fiscal regime for mining

No fiscal terms recorded for Botswana yet.

Deals and financing (4)

  1. 2024-05-30 · Equity investment · signed · HKD 3766.6

    Comor Holdings (CNIC Corporation) → MMG Limited (Khoemacau joint venture company) · Khoemacau copper mine

    MMG agreed that CNIC's Comor Holdings would subscribe for 45% of the joint venture company that owns the Khoemacau copper mine in Botswana, with MMG keeping 55%.

    official release

  2. 2024-03-15 · Government loan · signed · US$1,050 m

    China Development Bank → MMG Africa Resources Company Limited (MMG Limited) · MMG African assets (Khoemacau acquisition funding)

    China Development Bank provided MMG Africa Resources with a seven-year USD 1.05 billion term loan facility, subject to China Minmetals retaining control of MMG.

    official release

  3. 2023-11-21 · Acquisition · completed · US$1,875 m

    MMG Limited → Khoemacau Copper Mining parent (Cuprous Capital) · Khoemacau copper mine

    MMG agreed to acquire the Khoemacau copper-silver mine in Botswana for an enterprise value of USD 1.875 billion; the deal was completed in 2024.

    official release

  4. 2023-09-14 · Project finance · signed · US$200 m

    Motheo project finance lenders → Sandfire Resources · Motheo copper mine expansion to 5.2 Mtpa

    Sandfire increased its Motheo project finance facility from USD 140 million to USD 200 million to fund expansion of the Botswana copper mine to 5.2 Mtpa.

    official release

Mines and facilities (6)

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