Diamonds lifespan extended to 2050

Friday, June 20, 2014

Botswana’s economic mainstay, diamonds are now forecast to run out by 2050 instead of initial projection of 2030, Minister Kitso Mokaila has said.

Diamonds have carried Botswana’s economic development for the past five decades but lack of diversification both within and outside the mining industry has posed a significant threat to future revenue streams.

Speaking to Rapaport news during his recent visit to the USA, the Minister of Minerals Energy and Water Resources said the life span of Botswana diamonds mines would be extended by another 20 years.

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Diamonds lifespan extended to 2050

Botswana’s economic mainstay, diamonds are now forecast to run out by 2050 instead of initial projection of 2030, Minister Kitso Mokaila has said.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

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Serowe woman ingests acid, attempts suicide

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Inspect the voters' roll!