Business

The government of Botswana seems to be with what diamond miner, De Beers are doing in the country as the two parties are said to be in talks to renew the contract. Botswana President Mokgweetsi Masisi said that his government is in negotiations with De Beers to renew a sales …

Lucara Diamonds’ underground development at Karowe diamond mine in Botswana is set to receive a massive boost as a new feasibility study confirmed that it could double the mine life operation. Open-pit mining at the operation is expected to last until mid-2025. According to the company, for a pre-production capital …

Bank of Botswana Governor Moses Palaelo has attributed the lower increase in Gross Domestic Product (GDP) to decline in the local mining output. According to the Governor, the lower increase is due to the significant reduction in the growth of diamond output from11.8 per cent to a mere one per …