India, Feb. 25 -- De Beers Group and the Government of the Republic of Botswana have signed the formal new agreements for a 10-year sales agreement and a 25-year extension of the Mining Licences (from 2029 through to 2054) for Debswana.
Debswana operates the Jwaneng and Orapa diamond mines in Botswana and is a 50:50 joint venture between De Beers and the Government of Botswana.
Duncan Wanblad, Chief Executive of Anglo American, congratulated both De Beers and the Government of Botswana, saying: "We are delighted that this extraordinary diamond partnership is secured for decades to come, affirming De Beers' leadership position and providing reassurance across the entire diamond value chain. These agreements provide long term stability for ...