Botswana is considered a prime mining destination, with its diverse range of mineral resources forming the backbone of its economy. Mining resources plays a pivotal role in Botswana, contributing 40% to the current GDP and serving as a crucial driver for the country’s economic development.
Botswana leads Africa in political stability and has a long history of democratic governance. The country offers a pro-mining investment jurisdiction coupled with a proficient mining workforce. This stability makes Botswana a standout for its skilled labour in the mining industry.
The country hosts substantial copper deposits, particularly in the Kalahari Copper Belt, where recent mineral exploration has revealed significant copper resources. It also hosts known uranium deposits, primarily in the northeastern part of the country, including areas near the town of Serule. Ilala holds 100% stake in the Serule Uranium Project and Central Copper Project, priming the company to unlock the potential of these regions.
Ilala has forged strong in-country relations with the Mines Department and various levels of government. Spearheaded by Modisana Botsile, Botswana Strategic Advisor, these relationships will facilitate smooth operations and regulatory compliance, crucial for advancing Ilala’s projects.
Proactive community engagement is at the forefront of Ilala’s strategy around key project areas. Demonstrating social licence through engagement with local communities ensures that mining projects are not only economically beneficial but also socially and environmentally responsible, contributing to long-term sustainability and mutual benefit.