Botswana, the country with the biggest diamonds, gets an improved 10-year deal with miner De Beers
20 Articles
20 Articles
Industry hails overdue Botswana-De Beers diamond deal
GABORONE, BOTSWANA — Experts have welcomed the signing of a long-delayed rough diamond sales agreement between Botswana and South African mining giant De Beers. Representatives of the Botswana government and De Beers put pen to paper Tuesday on a 10-year deal following six years of negotiations. Under the new agreement, Botswana will keep 30% of rough diamonds mined from a joint venture between the government and De Beers, up from 25% under the …

Botswana, the country with the biggest diamonds, gets an improved 10-year deal with miner De Beers
The Botswana government has signed a new diamond sales agreement crucial to its economy with the De Beers mining company after seven years of negotiations. The deal announced Tuesday gives
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