Botswana, De Beers finalise 10-year diamond sales deal

Botswana, the country with the biggest diamonds, gets an improved 10-year deal with miner De Beers
The Botswana government signed a new diamond sales agreement crucial to its economy with the De Beers mining company on Tuesday after seven years of negotiations. The deal gives the government an increasing share of diamond sales through the Debswana company — its joint venture with De Beers,
Botswana, De Beers sign renewed 10-year diamond sales agreement
GABORONE - After eight years of negotiations, Botswana and De Beers Group finally signed the renewed diamond sales agreement on Tuesday in Gaborone, the capital of Botswana. Botswanan President Duma Boko said during the signing ceremony that the new agreement added a possible five-year extension to the provisional deal.
BOTSWANA-GABORONE-DE BEERS-DIAMOND SALES AGREEMENT
(250225) -- GABORONE, Feb. 25, 2025 (Xinhua) -- Botswanan President Duma Boko (C) attends a signing ceremony of a diamond sales agreement in Gaborone, Botswana, on Feb. 25, 2025. After eight years of negotiations, Botswana and De Beers Group finally signed the renewed diamond sales agreement on Tuesday in Gaborone. (Photo by Tshekiso Tebalo/Xinhua)
Botswana, De Beers sign long-delayed diamonds deal
Botswana's government on Tuesday signed a long-delayed 10-year diamonds sales agreement with Anglo American unit De Beers adding a possible extension period of five more years to the provisional pact.
Botswana and De Beers: Sealing the Diamond Deal
Botswana's government finalized a diamond sales agreement with De Beers, a subsidiary of Anglo American. Initial negotiations began in 2018, and though terms were provisionally agreed upon in 2023, a formal agreement was not signed until President Duma Boko prioritized it after taking office in October.
Botswana, De Beers sign overdue diamond deal
As part of the deal, Botswana's share of diamonds from Debswana, a joint venture with De Beers, will rise from 25% to 50%.
Botswana, De Beers finalise 10-year diamond sales deal after protracted negotiations
Botswana’s government and De Beers, the diamond mining unit of Anglo American, have finalised a 10-year diamond sales agreement after a protracted negotiation period, Reuters reported on Tuesday. This new agreement replaces a provisional deal and includes a potential extension of five additional years.
De Beers, Botswana Sign Marketing Deal to Drive Demand for Natural Diamonds
De Beers and Botswana’s government will jointly fund a marketing campaign to resuscitate demand for natural diamonds.
Botswana signs historic agreement with mining giant De Beers: Video
Botswana has just sealed a historic 10-year diamond sales agreement with De Beers, marking a significant milestone in the country's diamond industry. This landmark deal reinforces Botswana's position as a global leader in diamond production.
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Botswana signs long-delayed diamonds deal with De Beers
Botswana's government on Tuesday signed a long-delayed diamonds sales agreement with Anglo American unit De Beers.