Botswana hopes to signal diamond pact with De Beers | Commodities
By Alessandra Galloni
DAVOS, Switzerland (Reuters) -Botswana’s new President Duma Boko stated on Thursday that he hoped his authorities would signal a diamond gross sales pact with Anglo American (JO:) unit De Beers imminently.
Talking during a Reuters NEXT Newsmaker interview on the World Financial Discussion board’s annual assembly in Davos, Switzerland, Boko stated his authorities was in settlement with De Beers on most points and that every one that remained was “just tidying up”.
“I’m hoping it is tomorrow,” Boko stated, when requested when the federal government deliberate to signal the gross sales deal.
Botswana, the world’s high diamond producer by worth, and De Beers in 2023 agreed a new gross sales pact, however it was by no means signed.
Boko secured a shock election victory late final 12 months, when voters within the Southern African nation kicked out the get together that had ruled them for almost six many years.
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