While De Beers, gov’t negotiate, new threats emerge

Bruce Cleaver and Masisi PIC: DIAMOND DO GOOD
Bruce Cleaver and Masisi PIC: DIAMOND DO GOOD

In discussions over several days in Las Vegas recently, where more than 30,000 diamond professionals, from miners to jewellers and consumers, met for the industry’s main calendar event, Staff Writer, MBONGENI MGUNI, found that other issues are foremost in the industry’s minds, beyond the talks between Botswana and De Beers

It would have been natural to assume that the 30,000-plus diamond industry professionals who gathered in Las Vegas, USA for the annual JCK Show recently, would have, uppermost in their minds, the ongoing talks and tensions between government and De Beers on a new deal.

After all, as has been repeatedly pointed out, the 54-year old deal between the two partners is the diamond industry’s single most important covenant, each year producing the world’s highest production of rough diamonds by value.

Editor's Comment
Government’s efforts commendable!

Since the news broke, the government made sure to work hand in hand with the South African government to assist the families of the victims. The two countries came together to help the families identify the bodies of their loved ones through DNA testing. The government also announced that they would assist families with food for mourners before the funerals.Even though the deceased persons were mostly residents of Molepolole, the government...

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