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Balance of Power Emerges in De Beers Ownership Reshuffle

One of the diamond industry’s most consequential ownership shifts is within reach, with Botswana seeking to increase its stake in De Beers from 15% to 30%. If completed, the transaction would make the country the company’s largest single shareholder, strengthening its influence over strategic decisions and the future direction of …

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Kameelburg Deal Opens Door to Staged Development Funding

Aldoro Resources has taken a step towards advancing its Kameelburg critical minerals project in Namibia after signing a memorandum of understanding with WILLETECH International Investment that includes an initial funding commitment of RMB100 million. The agreement also outlines a potential development funding commitment of about RMB2 billion, to be deployed …

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KGK Demonstrates the Wider Economic Value of Diamond Beneficiation

The value of a diamond extends well beyond its price on the international market. In Botswana, the drive to retain more value from the country’s diamond resources is increasingly being measured through jobs, specialised skills, citizen-owned businesses and the growth of downstream industries. These outcomes were in focus during a …

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