Safdico seals deal to polish Angolan diamonds

Going regional: Moses PIC: MORERI SEJAKGOMO
Going regional: Moses PIC: MORERI SEJAKGOMO

Diamond polishing and trading firm, Safdico has signed a deal with fast-rising diamond miner, Lucapa Diamond Company, for the rights to cut and polish up to 60% of that company’s annual production at its Angolan mine.

Already, Safdico, which owns a local diamond and cutting firm and also operates the Diamond Technology Park near the Sir Seretse Khama International Airport, has bought a ‘significant’ portion of the 4,900 carats made available from Lucapa’s Lulo Mine.

Lulo Mine is targeting the production of 60,000 carats this year and in the four years since its commissioning, has distinguished itself for unearthing large stones, with 14 diamonds of more than 100 carats produced to date.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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