Ghaghoo Mine officially gets off the ground

Khama
Khama

GHAGHOO: President Ian Khama on Friday officially launched the country’s eighth diamond mine, Ghaghoo Mine, noting that the development was another step in the country’s aspirations of becoming a global centre for the diamond industry.

Owned by Gem Diamonds, which also has operations in Lesotho, the mine is the country’s sixth operating and only the second outside the Debswana stable. Kimberley Diamonds’ Lerala Mine in Tswapong is set to reopen having closed in 2009 at the height of the global recession while Firestone has put its mothballed BK11 mine up for sale.

Ghaghoo is the country’s first underground diamond mine built at a cost of US$95 million (P836 million).

Editor's Comment
Refrain from risky behaviours

After long spells of dryness and high temperatures, it is important to celebrate the torrential rains with caution and reasonableness especially when all indications suggest that the rains are not going to stop anytime soon, especially in the northern parts of the country.We want to encourage both the young and the old to refrain from any risky behaviour during this rainy season.Batswana need to be on red alert and not take chances during the...

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