Ghaghoo Mine faces final closure

Down and out: Ghaghoo was the country's first underground diamond mine
Down and out: Ghaghoo was the country's first underground diamond mine

Gem Diamonds, the owner of the Ghaghoo Diamond Mine in the Central Kalahari Game Reserve (CKGR), is considering a final closure of the operation after failing to secure a buyer over the last six years of suspended activities.

Since February 2017, Ghaghoo Mine has been on care and maintenance activities which entail keeping the mine's infrastructure in prime condition in preparation for a possible reopening.

However, after prioritising a sale of the mine last year and watching a planned takeover deal with Botswana Diamonds fail in May, Gem Diamonds directors this week indicated they were moving to final closure in the CKGR.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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