Exclusive
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
Yesterday
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
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Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
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James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
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Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
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30 september 2024
Secretive deal: Botswana says no to the unveiling of agreement details with Debswana
Debswana is a joint venture between De Beers and the Botswana government.
“The failure to avail the Debswana mining company’s terms of operation made it difficult to understand the responsibilities and obligations of the contracting parties,” Botswana auditor general Pulane Letebele was quoted by the Sunday Standard as saying.
She said that Debswana’s mining licences were provided to her office without terms and conditions of operation, whereas other diamond mining companies’ mining licences together with their terms and conditions of operation were availed.
“The mining agreement with Debswana was not availed to me as it was considered confidential,” she said.
“This was said to be the case for companies in partnership with the Government of Botswana…They further indicated that it was common practice for such agreements to be confidential and it should be noted that although the agreements were confidential, key terms of the agreements were publicised.”
Mathew Nyaungwa, Editor in Chief of the African Bureau in Luanda, Angola, Rough&Polished