Botswana Metals (BML)

Shares / Stock Code

BML

Stock Exchange / Sharemarket

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Botswana Metals (BML) is an Australia-based company which is engaged in mineral exploration of its tenement portfolio comprising of precious metals and diamonds. The Company operates in two geographical segments: Australia and Africa. Its tenements in north east Botswana is prospective for gold mineralization. Its other projects include Mmamanaka nickel, Maibele North, crescent, Sampowane and Majante. Its wholly owned subsidiary is Mineral Holdings (Botswana) (Pty) Ltd and African Metals (Pty) Limited.

The World Economic Forum (WEF) Public Institutions Survey 2006 that rated Botswana as the number one country in Africa in terms of Public Governance. In the 2005 Transparency International Corruptions Perception Index Botswana ranks as one of the least corrupt countries in the world (32 out of 159), and by far and away the least corrupt country in Africa. A number of listed Australian and International Companies have taken advantage of the Investment friendly environment in Botswana to establish operations there. These include BHP Ltd, Rio Tinto Ltd, Debeers, Albidon Ltd, Mt Burgess Ltd., African Energy Resources Ltd, African Copper PLC, IAMGOLD Corporation and Discovery Nickel Ltd.