Debswana Beginning Diamond Mine Expansion in Botswana
Mining Weekly reported mining expansion is due to be completed in March 2012 in Botswana says Debswana.
Articles Tagged "debswana"
De Beers in new 10-year sales deal with Botswana
Reuters reported De Beers signed a new 10-year contract for a joint venture with Botswana to sort, vault and sale diamonds from Debswana.
Diamond Exploration Hotspots
Diamonds are expected to be a hot commodity over the long term, which will likely spur exploration, and there are at least three countries that have significant potential.
Jim Gowans named new Debswana head
Mining Weekly.com reports that Jim Gowans has been named jointly by De Beers and the Botswana government as MD for Debswana
Job Cuts Continue In Diamond Sector
De Beers is set to cut jobs in Botswana, which might send a shiver down the diamond industry's spine, but India has made clear its intention to source diamonds directly from Botswana. Better sense has prevailed, and Botswana has recognized that it would be wise to diversify the sellers of its famed diamonds, rather than just go through De Beers.
Diamonds loose their lustre as Anglo American cuts output by 90%
De Beers, the world’s leading diamond miner, which is 45pc-owned by Anglo American, closed most of its mines but the company did guide for an uptick in output in the second quarter as the Debswana mine in Botswana, which accounts for two-thirds of De Beers production, reopened in April. For full story, click here
