Botswana Mining Review Comprehensive Coverage of the Progress and Achievements in the Mining Sector
Related Articles
Gaborone, Botswana: Botswana is set to establish its own certification point for rough diamonds destined for G7 countries, marking a significant departure from the previously proposed single-node system centered in Antwerp. This move comes after widespread opposition from diamond-producing nations, including Botswana, Namibia, and Angola.
The decision follows a joint analysis by Belgian and Botswana officials, who determined the feasibility of establishing a verification point in Botswana. The goal is to have this node operational as soon as possible in 2025.
“Botswana is committed to pioneering traceability and responsible mining practices, ensuring that our diamonds not only shine in beauty but also embody integrity and ethical stewardship,” said Botswana President Duma Boko.
The initial proposal for a single node in Antwerp had faced significant criticism from diamond-producing nations, who argued that it would create unnecessary bottlenecks and hinder their diamond trade. However, a shift in leadership at the Antwerp World Diamond Centre (AWDC) has led to a more supportive stance towards establishing verification points in producing countries.
“We support exploring [this model] with Namibia, Angola, and other partners,” said AWDC Vice President Ravi Bhansali.
Namibia, another key diamond producer, has also expressed its interest in establishing a verification point. The country’s ambassador to Belgium, Mekondjo Kaapanda-Girnus, stated that Namibia is prepared to implement such a system and is awaiting official feedback from the G7.
By establishing their own certification points, diamond-producing countries aim to gain greater control over their diamond trade, enhance transparency, and ensure that their diamonds are not subject to unnecessary restrictions or delays. This move is expected to strengthen the position of these countries in the global diamond market and promote responsible mining practices.
