mmegi

Debswana’s power move to shake mining landscape

Going deeper: Naledi Mining Services will handle the massive Cut 9 contract
Going deeper: Naledi Mining Services will handle the massive Cut 9 contract

Debswana’s recent move to establish its own mining services firm carries echoes of a decision four years ago by one of its shareholders, De Beers, to enter the synthetic diamonds industry, analysts say.

Debswana’s recent move to establish its own mining services firm carries echoes of a decision four years ago by one of its shareholders, De Beers, to enter the synthetic diamonds industry, analysts say.

By investing millions of US dollars into producing its own synthetics, De Beers’ powerplay allowed it to bring its considerable financial and technical muscle into an industry that was increasingly imperilling its core business.

Editor's Comment
Students wellbeing is a priority

The research presented at the recent Botswana Secondary School Teachers Union symposium should serve as a wake-up call to us all.We are so focused on coding, artificial intelligence, and the jobs of tomorrow that we are neglecting the basic safety and emotional well-being of the children sitting in our classrooms today.Statistics are deeply worrying. One study revealed that 34% of secondary school learners in Gaborone meet the criteria for a...

Have a Story? Send Us a tip
arrow up