The new agreement gives Botswana a bigger share of rough stones from the joint venture with the consortium Botswana has reached a new ten-year agreement for the sale of rough diamonds with De Beers, the country’s government and the company announced in a joint communique on Friday. Botswana’s diamond industry is completely controlled by a joint venture between the government and De Beers called Debswana. According to the announcement, the parties agreed to extend the sales deal for Debswana’s rough diamonds through to 2033, and to prolong Debswana’s mining licenses until 2054. “Done Deal! The transformational new
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