Archive

  • Debswana and Huawei Unveil the World’s First 5G Mine

    03/03/2023 10:13

    Debswana and Chinese tech giant Huawei at the Mobile World Congress Trade Show this week announced plans for the unveiling of "the world's first 5G-oriented smart diamond mine project".
    The 5G network allows cutting-edge technologies like autonomous driving and enables more intelligent digital transformation of the mining industry in the years to come.

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    Mining and Exploration

  • Debswana Sets Record with Sales of Rough Stones During 2022

    02/02/2023 10:45

    Rough diamond sales by Debswana Diamond Company reached record levels in 2022 jumping up by 22% from the previous year. The jump in sales has resulted from the West’s shunning of Russian stones whereby Botswana profited from steady global demand for diamond jewellery.

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    Rough Market

  • Botswana Wants More Out of De Beers Deal, modeled after Lucara - HB Antwerp

    07/04/2022 10:52

    Africa Intelligence reports that Botswana’s President Masisi, speaking at a gala dinner hosted by Lucara Diamonds, is adding pressure to the negotiations with De Beers on a renewed Debswana contract, the 50/50 joint venture between the government and De Beers. In the current agreement, 75 % of Debswana’s rough is sold via De Beers, 25% is sold via the state-owned Okavango Diamond Company, the latter achieving record sales revenue via its sales in Antwerp last year.

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    Mining and Exploration