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BOSETO Copper Mine Opens
10/09/12
The opening of BOSETO Copper Mine in Toteng marked a milestone in the country's mineral activity, particularly in the North West District that was traditionally endowed with cattle and wildlife resources. This was also another achievement in government efforts to diversify the country's economy, said President Lt Gen. Seretse Khama Ian Khama when officially opening the mine on Friday. (l-r. President Khama, Mr. Galt and DML Managing Director, Mr. Brad Sampson)

MAUN - The opening of BOSETO Copper Mine in Toteng marked a milestone in the country's mineral activity, particularly in the North West District that was traditionally endowed with cattle and wildlife resources.
This was also another achievement in government efforts to diversify the country's economy, said President Lt Gen. Seretse Khama Ian Khama when officially opening the mine on Friday.
He said government was committed to diversifying the economy and developing a broad-based mineral portfolio by exploiting various natural resources.
The thrust of government's mineral policy, he said, was value addition to the minerals extracted and diversification into other minerals.
President Khama said the presence of copper-silver in the area had been known since the early 1970's but it was only in 2005 with the arrival of Discovery Metals Limited (DML) that the story to develop the mineral wealth actually began.
The President said the copper project presented an opportunity for residents of Ngamiland to shift focus to trading in some sectors that the mine would support. The mine has since employed 500 people, 96 per cent being citizens.
He expressed hope that the company's envisaged infrastructure development such as roads, schools and health facilities would be a relief to government especially in the midst of limited financial resources.
Lt Gen. Khama commended DML for forging ahead with the project valued at approximately P2, 250 billion, despite the global economic ills.
He encouraged the company to employ environmentally friendly processes that would benefit the nation and further urged DML to cultivate the spirit of cordial relations and continuous dialogue with local communities.
DML board chairman, Mr Gordon Galt affirmed government commitment to creating an enabling business environment. He said because of, among other things, standards in health, and secure tax frameworks, Botswana was recognised as one of the best countries in which to do business.
"We have become and will continue to be great ambassadors for Botswana as we sing your praises in the wider world," he said.
Mr Gordon also vowed that his company would be dutiful custodians of the resources they were entrusted with, to develop, and do business in the best interest of the nation and their shareholders.
He said they were planning to expand the project to the capacity of 50 000 tonnes of copper per annum based on existing and new discoveries that have been made within 30km of operations radius. Mr Gordon said they had also made promising discoveries along the Mango line, South East of Kgwebe hill and 25-40km from BOSETO. BOSETO is an acronym for the host villages of Bothatogo, Sehithwa and Toteng. BOPA

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