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
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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