Ghaghoo Mine sale hits obstacle
Wednesday, February 02, 2022 | 4430 Views |
![Hey days: Ghaghoo Mine was the country's first underground diamond mine PIC: GEM DIAMONDS](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2022/02/02/28896.jpg&w=800&q=72&f=jpg&t=1)
Hey days: Ghaghoo Mine was the country's first underground diamond mine PIC: GEM DIAMONDS
Okwa Diamonds, owned 10% by Botswana Diamonds (BOD) with the balance held by VAST Resources, announced its plans to take over Ghaghoo last August from Gem Diamonds.
The operation, which was the country’s first underground diamond mine, was placed under care and maintenance in February 2017 due to depressed diamond prices. At least 250 workers had their contracts terminated as a result.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...