Botswana and De Beers have officially signed a long-awaited diamond sales agreement, months after the initial deadline for renewal in June 2023. Botswana’s newly elected president, Duma Boko, confirmed that the deal was finalized on January 24, as reported by Bloomberg. Speaking at an energy conference in Dar es Salaam, Tanzania, Boko stated, “The issue […]

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The government of Namibia could seek an increased share in its sales agreement with De Beers, after the mining giant agreed a phased move to a 50/50 split with Botswana. Namdia, the state-owned diamond company currently receives 15 per cent of the diamonds produced by Namdeb, the 50/50 joint venture between the government and De […]

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The deadline is now only hours away for De Beers and the Botswana government to renew the long-standing deal that now covers the sale of 25m carats a year. The government’s minerals and energy minister Lefoko Moagi told reporters yesterday (Thursday 29 June) that no agreement had yet been reached, but that both sides were […]

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