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.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Off to The Bahamas: The relay team at the Sir Seretse Khama Airport on Sunday PIC: BAA FACEBOOK

Relay team hunts elusive gold

Calistus Kolantsho | 1d ago

Nico launch late Houdini act

Mqondisi Dube | 23 h ago

GU face Galaxy hurdle in title defence

Boitumelo Khutsafalo | 1d ago

Tables turn on disciplined forces

Mqondisi Dube | 1d ago

Softball constitution under scrutiny

Calistus Kolantsho | 1d ago

Bodybuilders ready to flex muscles

Mqondisi Dube | 7 h ago

UB Rhinos on the charge

Calistus Kolantsho | 1d ago

Ditlhokwe returns after long term injury

Larona Makhaiza | 19 h ago

Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

The Monitor Editor | 29 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

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.

Relay team hunts elusive gold

Nico launch late Houdini act

GU face Galaxy hurdle in title defence

Tables turn on disciplined forces

Softball constitution under scrutiny

Bodybuilders ready to flex muscles

UB Rhinos on the charge

Ditlhokwe returns after long term injury

Stakeholders must step up veggie supply