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.

The agreement, signed by Botswana's Minister of Minerals and Energy, Bogolo Kenewendo, and De Beers Group CEO, covers the sale of diamonds from Debswana, a joint venture between Botswana's government and De Beers. It also includes provisions for mining license renewals and key capital commitments for production and marketing.