The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement following talks that had dragged on since 2019. Analysts say the diamond ...

GABORONE, Feb. 3 (Xinhua) -- Botswana announced on Monday that it has reached an agreement with De Beers, the world's leading diamond company, to extract and sell diamonds, bringing confidence to ...

Diamond sales remained weak throughout 2024 and Debswana, a joint venture between Botswana and De Beers, lowered its production guidance for last year by about 6-million carats to 17.9-million carats.

Botswana’s economy is expected to grow 3% to 4% in 2025 after a contraction last year, a senior government official said at a budget workshop on Friday, as the global diamond market is ...

Botswana's economy is largely dependent on the export of diamonds, and declining earnings from the precious stone have limited government spending. Diamond sales remained weak throughout 2024 and ...

GABORONE, Oct. 8 (Xinhua) -- The head office of the international diamond regulator Kimberley Process Secretariat (KPS) officially opened on Tuesday in Gaborone, Botswana's capital city.

The Botswana government and De Beers announced on Monday that they have established a new sales agreement for De Beers’ rough diamond production, after more than five years of negotiation and ...

Diamond mining giant De Beers Group has completed negotiations with the Government of Botswana to establish a new ten-year sales agreement for Debswana’s rough diamond production until 2033.