Ghaghoo auction lifts Gaborone diamond buzz

International diamond buyers now visit Gaborone regulary to participate in auctions and sights
International diamond buyers now visit Gaborone regulary to participate in auctions and sights

Botswana’s newest diamond mine, Ghaghoo will sell 10,000 carats of its first production in Gaborone this month, adding stimulus to the city’s transformation into a global premium rough buying centre.

Located in the Central Kalahari Game Reserve (CKGR), Ghaghoo Mine is still in the commissioning stage after it was officially opened last September.

In a trading update released yesterday, promoters of Botswana’s first underground mine, Gem Diamonds said that a total of 10,167 carats were recovered during commissioning period up to year-end.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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