Latest news with #Botswana


France 24
15 hours ago
- Sport
- France 24
Seville outshines Olympic champion Lyles in season-opening 100m
Lyles, in lane five outside Seville and inside Botswana's Letsile Tebogo, had a terrible start and spent the whole race attempting to chase down the Jamaican. Seville, twice a fourth-placed finisher in the blue riband event at the two last world championships, duly held his nerve, crossing the line at the London Stadium in 9.86 seconds, with Lyles fighting back to finish second in 10.00sec. Britain's Anguilla-born Zharnel Hughes rounded out the podium in 10.02sec. The build-up to Lyles' first 100m of the season, after he beat Tebogo in the 200m in Monaco last week, was all about the American coming back from an ankle tendon injury and finetuning his form ahead of September's world championships in Tokyo. The 28-year-old, ever the showman, insisted Friday that his goal for the season was to win three gold medals in the Japanese capital, to repeat the triple golden medal haul he enjoyed at the 2023 world championships in Budapest. Arms raised, eyes shut, Lyles applauded the 60,000-capacity crowd and span around on his spikes to acknowledge the rapturous welcome, which was also afforded to Tebogo. As the sprinters settled in their blocks, the sun shone through on West Ham's stadium, a wholesale change from earlier thunder storms. But Seville made the difference from the starter's gun and was never in danger of not winning. Seville's Jamaican teammate Kishane Thompson, the fastest man this year over 100m with a time of 9.75sec, was present in London, but only as part of a strong Jamaican 4x100m relay team seeking to bag a qualifying time for the Tokyo worlds. Thompson anchored the Jamaican quartet to victory in 37.80sec to ensure a berth in the Japanese capital. "We are very grateful to get the job done," Thompson said.
Yahoo
16 hours ago
- Sport
- Yahoo
Seville outshines Olympic champion Lyles in season-opening 100m
Jamaica's Oblique Seville outshone Olympic champion Noah Lyles in the men's 100m at the Diamond League in London on Saturday. Lyles, in lane five outside Seville and inside Botswana's Letsile Tebogo, had a terrible start and spent the whole race attempting to chase down the Jamaican. Seville, twice a fourth-placed finisher in the blue riband event at the two last world championships, duly held his nerve, crossing the line at the London Stadium in 9.86 seconds, with Lyles fighting back to finish second in 10.00sec. Britain's Anguilla-born Zharnel Hughes rounded out the podium in 10.02sec. The build-up to Lyles' first 100m of the season, after he beat Tebogo in the 200m in Monaco last week, was all about the American coming back from an ankle tendon injury and finetuning his form ahead of September's world championships in Tokyo. The 28-year-old, ever the showman, insisted Friday that his goal for the season was to win three gold medals in the Japanese capital, to repeat the triple golden medal haul he enjoyed at the 2023 world championships in Budapest. Arms raised, eyes shut, Lyles applauded the 60,000-capacity crowd and span around on his spikes to acknowledge the rapturous welcome, which was also afforded to Tebogo. As the sprinters settled in their blocks, the sun shone through on West Ham's stadium, a wholesale change from earlier thunder storms. But Seville made the difference from the starter's gun and was never in danger of not winning. Seville's Jamaican teammate Kishane Thompson, the fastest man this year over 100m with a time of 9.75sec, was present in London, but only as part of a strong Jamaican 4x100m relay team seeking to bag a qualifying time for the Tokyo worlds. Thompson anchored the Jamaican quartet to victory in 37.80sec to ensure a berth in the Japanese capital. "We are very grateful to get the job done," Thompson said. "I would not say they were the best exchanges, but we got it around safely." lp-gj

Wall Street Journal
a day ago
- General
- Wall Street Journal
The ‘Smart' Restrooms That Can Solve America's Public Bathroom Crisis
When it comes to the prevalence of public toilets, one analysis suggests the U.S. ranks 30th in the world, tied with Botswana. The obvious solution—just build more of them—doesn't work.
Yahoo
2 days ago
- Business
- Yahoo
NexMetals Receives US$150 Million Letter of Interest from the Export-Import Bank of the United States for Its Critical Metals Projects in Botswana
Vancouver, British Columbia--(Newsfile Corp. - July 17, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) ("NEXM" or the "Company") is pleased to announce that it has received a non-binding letter of interest ("LI") from the Export-Import Bank of the United States ("EXIM"). The LI indicates the potential for up to US $150 million in financing, with a maximum 15-year repayment tenor, to support the re-development of NEXM's Selebi and Selkirk nickel-copper-cobalt-platinum group metal mines in Botswana. EXIM has also advised that procurement of U.S. goods and services for the Selebi and Selkirk mines may be eligible for special consideration under the provisions of Section 402 of EXIM's 2019 reauthorization (P.L. 116-94), under EXIM's China and Transformational Exports Program ("CTEP"). Morgan Lekstrom, CEO of NEXM, commented: "This represents a willingness from the United States to fund critical metals projects in one of Africa's safest and most stable jurisdictions. It clearly denotes the U.S. government's specific interest in Botswana, recognizing both its rich mineral endowment and the scale of our high-grade projects. Given the quality and size of our resources and the pace of current activity, we anticipate our aggressive growth trajectory to align with our shared objective of delivering new, sustainable sources of critical metals for the U.S. and its allies contributing to the future of the global critical metals supply chain." The LI is non-binding and as such is not an explicit indication of the financial or commercial viability of a transaction. Upon receipt of an application for financing, further processing, including standard due diligence by U.S. EXIM, is required before issuing a final commitment for a potential transaction. About Export-Import Bank of the United States The Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States with the mission of supporting American jobs by facilitating U.S. exports. To advance American competitiveness and assist U.S. businesses as they compete for global sales, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. As an independent federal agency, EXIM contributes to U.S. economic growth by supporting tens of thousands of jobs in exporting businesses and their supply chains across the United States. Learn more at About NexMetals Mining Corp. NexMetals Mining Corp. is a mineral exploration and development company that is focused on the redevelopment of the previously producing copper, nickel and cobalt resources mines owned by the Company in the Republic of Botswana. NexMetals is committed to governance through transparent accountability and open communication within our team and our stakeholders. NexMetals' team brings extensive experience across the full spectrum of mine discovery and development. Collectively, the team has contributed to dozens of projects, including work on the Company's Selebi and Selkirk mines. Senior team members each have on average, more than 20 years of experience spanning geology, engineering, operations, and project development. For further information about NexMetals Mining Corp., please contact: Morgan LekstromCEO and Directormorganl@ Jaclyn RuptashV.P., Communications and Investor Relationsjaclyn@ Cautionary Note Regarding Forward-Looking Statements: This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. For the purposes of this news release, forward-looking information includes, but is not limited to, the potential for the Company to receive financing from EXIM as contemplated by the LI, the timing of repayment and the potential use of proceeds therefrom. Such forward-looking statements, by their nature, require the Company to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the risk that the Company will not reach a binding agreement with EXIM for financing on terms contemplated in the LI or at all, as well as those risks set out in the Company's public disclosure record on SEDAR+ ( under NEXM's issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Follow Us X: LinkedIn: Facebook: To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
NexMetals secures $150m LoI from EXIM for Botswana mines redevelopment
Botswana-focused exploration and development company NexMetals Mining has received a non-binding letter of interest (LoI) from the Export-Import Bank of the United States (EXIM) for financing of up to $150m for its critical metals mine redevelopment projects in Botswana. The LoI outlines a potential 15-year repayment tenure for the Selebi and Selkirk nickel-copper-cobalt-platinum group metal mines. The Selebi project consists of a single mining licence covering an area of 115km², while the Selkirk project licence covers an area of 14.6km² and four prospecting licences covering 126.7km². NEXM CEO Morgan Lekstrom said: "This represents a willingness from the United States to fund critical metals projects in one of Africa's safest and most stable jurisdictions. It clearly denotes the US Government's specific interest in Botswana, recognising both its rich mineral endowment and the scale of our high-grade projects. 'Given the quality and size of our resources and the pace of current activity, we anticipate our aggressive growth trajectory to align with our shared objective of delivering new, sustainable sources of critical metals for the US and its allies contributing to the future of the global critical metals supply chain." EXIM's letter also highlights that NexMetals' procurement of US goods and services for the Selebi and Selkirk mines redevelopment could receive special consideration. This is in line with Section 402 of EXIM's 2019 reauthorisation and the China and Transformational Exports Programme, which aims to counter China's influence and support transformative US exports. The LoI does not guarantee the financial or commercial success of the potential transaction. NexMetals Mining will need to submit a formal application for financing, after which EXIM will conduct standard due diligence before any final commitment can be issued. "NexMetals secures $150m LoI from EXIM for Botswana mines redevelopment" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.