insert_link Africa Botswana and DeBeers sign $1 billion deal Botswana and De Beers have approved a $1 billion investment to dig under the world's richest diamond mine by volume. The Debswana Diamond Company's board said it has given the go-ahead to works that are to extend the life of the Jwaneng mine turning it from an open-pit site to an underground operation. About 70% of profits for Debswana come from Jwaneng. Here is the Deputy Minister of Mines and […] todayJanuary 11, 2024 31
insert_link Africa Local expert weighs in on Diamonds, poverty and next year’s elections The Government of the Republic of Botswana and De Beers Group announced they have reached an agreement in principle on a new 10-year Sales Agreement for Debswana’s rough diamond production. The transformational new agreement reflects the aspirations of the people of Botswana. Here is the Namibian Economic and Social Justice Trust's Herbert Jauch with his input. todayNovember 23, 2023 32