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
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

Have a Story? Send Us a tip
arrow up