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.

GABORONE (Reuters) - 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 ...

In return, De Beers was awarded a 25-year extension to its mining licenses in Botswana from 2029 until 2054. The two parties had broadly agreed terms for the deal in 2023 but had yet to sign.

Botswana and De Beers Group have renewed their long-standing diamond partnership, signing a transformative agreement that extends mining licences for another 25 years and secures a decade-long ...

As global diamond sales continue to decline, Botswana and De Beers have announced a strategic marketing initiative aimed at reinvigorating consumer interest in natural diamonds. This move comes amid a ...

The report highlights the diamond industry's role in fostering sustainable prosperity in Botswana through fair governance and community partnerships.

GABORONE, Botswana (AP) — 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.