Ghaghoo auction lifts Gaborone diamond buzz

Wednesday, January 28, 2015

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.

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