
Botswana Moves to Acquire Majority Stake in De Beers Amid Slump in The Diamond Market
The Government of Botswana is poised to acquire a controlling stake in De Beers, the
Business insights and articles written by our team of world-class professionals

The Government of Botswana is poised to acquire a controlling stake in De Beers, the

Southstone Minerals Limited has extended its acquisition agreement with Afrium Energy Pte. Ltd., aimed at securing

Botswana’s President, Advocate Duma Gideon Boko, officially opened the inaugural Southern African Development Community (SADC)

Castrol has launched its latest formulations of the iconic Castrol GTX range i.e. GTX 5W-30

Leading technology provider ABB has provided a unique hoisting solution to the Karowe Diamond Mine

Sandvik Mining has successfully delivered a cutting-edge 63 t class TH663i truck to the Zone

Copper miner Sandfire Resources has officially opened its Motheo copper mine, in Botswana. A final investment decision on the $259-million
Diamond producer De Beers Group and the Botswana Government have reached an agreement in principle

Economist and leader of the Alliance for Progressives (AP), Ndaba Gaolathe, has said that the

The multi-billion dollar O P Jindal Group is hitting the ground running to kick start

Led by UNDP Zambia Economic Advisor Domingos Mazivila, the delegation, received by Kansanshi Mining Plc’s

Botswana and the Democratic Republic of Congo (DRC) decided on Thursday, May 11, 2023, in

Canadian exploration company NexMetals Mining Corp has secured a letter of interest from the Export–Import Bank of the United States (EXIM), signalling possible financing of up to $150 million for the redevelopment of its critical minerals projects in Botswana.

Botswana Diamonds’ AI models evaluated a range of indicators including mineral chemistry, fault line proximity, geophysical data, and surface markers like abraded stones beneath Kalahari sands.

The order is valued at approximately Skr450m ($47m).

Botswana, the world’s largest diamond producer, is betting that selling big gems to rich young
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