De Beers and Botswana Extend Sales Agreement

Mining and Exploration
20/12/2021 11:40

De Beers Group announced they extended their existing sales agreement with the Government of the Republic of Botswana for the sale of Debswana’s rough diamond production until the end of June 2022.

The agreement was due to expire at the end of 2020 but was already extended for a year because of continuing logistical challenges due to Covid-19. This second extension period will provide both parties with some extra time to complete discussions about the renewal of the contract after the good progress made in 2021.