First quarter diamond exports near P6bn

The value of rough diamond exports from the country's producers reached P5.75 billion for the first quarter of the year, marginally up from P5.7 billion in the last quarter of 2012, Mmegi Business has learnt.

Bank of Botswana figures released yesterday indicate that exports attributable to the country's two producers of rough diamonds, Debswana and Lucara Diamonds, ranged from P2.6 billion in January to P1.5 billion in March.Operations at the country's other diamond mines, Firestone's BK11 and Mantle's Lerala, are currently suspended due mainly to operational and market-related issues.

Available figures indicate that Lucara Diamonds' Karowe Diamond Mine sold 144,712 carats in the first quarter of the year, earning US$32.5 million (P266.5 million). By comparison, Debswana, which owns the world's richest mines, produced 4.54 million carats over the same period.

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This period, running from May 20 to 31 2024, is crucial for those who have not yet registered to vote. This announcement comes in response to a significant shortfall in registered voters following the recent registration period. As it stands, only 62% of the target number of voters registered, leaving a considerable gap.With Botswana's general elections scheduled for October, every eligible citizen needs to register and exercise their...

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