CANADIAN COMPANY GETS IFC HELP TO EXPLORE FOR METALS IN BOTSWANA
June 1st, 2010
BY KEITH NUTHALL
A CANADIAN company exploring for metals and diamonds in northern Botswana is receiving Canadian dollars CAD5 million in investment from the International Finance Corporation (IFC), of the World Bank. Tsodilo Resources Limited has licences to explore for metal deposits surrounding the globally-renowned Okavango Delta nature conservation area. The Toronto-based company's concessions are expected to contain copper, nickel and cobalt. A related licence allows it to search for diamonds in the same region. James M. Bruchs, Tsodilo CEO and chairman, ...
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