top of page
Laxmi Diamonds.png

Botswana signs new diamond sales deal with De Beers


The government and De Beers agreed on a new 10-year sales deal for Debswana’s rough diamond production through to 2033, and new 25-year Debswana mining licences through to 2054. Debswana, a joint venture between Anglo American unit De Beers and Botswana's government, sells 75% of its output to De Beers, with the balance taken up by state-owned Okavango Diamond Co.


Botswana and De Beers have signed a new diamond sales deal which gives the African country a bigger share of rough stones from their joint venture, the Botswana government and the mining company said on Friday. The government and De Beers agreed on a new 10-year sales deal for Debswana’s rough diamond production through to 2033, and new 25-year Debswana mining licences through to 2054.



For more Updates Do follow us on Social Media

Facebook Page https://bit.ly/3blw5Rg

WhatsApp Group https://bit.ly/JEWELBUZZ

12 views

Comments


bottom of page