Botswana, De Beers reach diamond sales agreement

Botswana, De Beers reach diamond sales agreement after years of negotiations
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining venture with De Beers
De Beers, Botswana finalise talks on diamonds deal
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for its joint venture there to 2054, the Anglo American unit said on Monday.
Botswana’s Leader Says Diamond Deal Reached With De Beers
Botswana’s president Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction and sales agreement with De Beers that will bring certainty to the gem-dependent economy.
De Beers secures new diamond deal with Botswana
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. The agreement also includes a 25-year extension of Debswana’s mining licences to 2054.
Government Of The Republic Of Botswana And De Beers Conclude Negotiations On Rough Diamond Sales Agreement
February 2025 – The Government of the Republic of Botswana (“GRB”) and De Beers Group (“De Beers”) are pleased to announce the successful conclusion of negotiations focused on establishing a new sales agreement for Debswana’s rough diamond production,
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