Basic Information

Name: Ulsan Botswana Proprietary Limited (Pty) Ltd

Parent / Ownership: Subsidiary of Ulsan Holding, a Turkish-based conglomerate with mining interests in Africa and elsewhere.

Registered Office: Plot 10926, Marang, Gaborone, Botswana.

Email Contact: doguskutlay@ulsan.com.tr

Business / Operations

Operates in the mining and exploration sector.

Focus areas include diamonds, uranium, coal, and base metals.

Publicly states that its operations follow international best practices, safety standards, corporate governance, and Botswana’s localisation policy.

Recent Activity

Submitted a bid for the Mupane Gold Mine, which has been under liquidation.

Reported bid amount was about USD 500,000 (approximately P5 million).

The mine’s assets include licences for open-pit and underground mining as well as existing infrastructure.

Controversies / Concerns

The company has faced media scrutiny over possible political influence in its bid for Mupane Gold Mine.

Ulsan Botswana was incorporated in May 2025 and soon after saw several directorship changes, raising questions about its structure and backing.