Botswana’s mining minister said the world’s powers will seek new sources of metals needed to transition to a low-carbon economy, while African governments must avoid the risks posed by increased global competition for minerals on the continent. He said we must be vigilant.
“Botswana is currently reviewing its mining and minerals legislation, including strengthening mine remediation laws.”
Mining accounts for about one-fifth of Botswana’s GDP and 80% of his export earnings, with diamonds being the biggest contributor.
The country also seeks to reduce its dependence on diamonds and increase coal exports when demand is high, while the world seeks to reduce coal consumption due to long-term carbon emissions.
Botswana says coal supply could solve the region’s power shortage.
“Coal has a window of opportunity, but by postponing it, we can end the region’s energy crisis,” he says Moagi.