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The Independent UK
The Independent UK
National
Sello Motseta

Botswana, the country with the biggest diamonds, gets an improved 10-year deal with miner De Beers

Botswana-Diamond Deal - (Copyright 2024 The Associated Press. All rights reserved.)

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, a subsidiary of Anglo American.

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