The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply.

Richards Bay Minerals plans to take the Zulti South project to the Rio Tinto board for approvals in the first half of next year.

Resource estimate for the Nairoto project suggests the presence of 103,000 ounces of gold averaging over two grams per tonne.

About $1.5bn invested in energy transition-related projects are at risk through 2030, research from Bain & Company shows.

The protest started on Monday when more than 200 employees and contractors staged a sit-in.

The decrease in revenue was mainly due to lower taxes, ministry data showed.

Palladium’s shortfall may ease to about 200,000 oz. in 2025 before swinging into a surplus the following year and to as much as 700,000 oz. by 2028, the World Platinum Investment Council said.

Rusal already has operations in neighboring Guinea.