Jwaneng underground to proceed, Vows De Beers CEO

Ready to rumble: Work has already started on the Jwaneng Underground project PIC: MORERI SEJAKGOMO
Ready to rumble: Work has already started on the Jwaneng Underground project PIC: MORERI SEJAKGOMO

The project to transform Jwaneng Mine into an underground operation, at an estimated cost of $6 billion (P81bn), will go ahead despite the shake-up in De Beers caused by the pending exit of 85% shareholder, Anglo American.

De Beers’ CEO, Al Cook, told The Monitor the diamond giant was determined to deliver value for its stakeholders, who include partners in Botswana.

“The announcement regarding the separation between De Beers and Anglo American opens up new possibilities under new ownership,” he said in an emailed response on Thursday evening. “But some things will not change. “We will continue to deliver value for all our stakeholders, including our partners in Botswana. “This includes investing in the Jwaneng Underground Project, which De Beers and the Government of the Republic of Botswana visited together this week.”


Editor's Comment
Women in Politics caucus NGO, a welcome development

In the 2014 General Election, women who stood for parliamentary elections were a mere 17 out of a total of 192 aspirants, and sadly the number dropped to 11 out of 210 parliamentary aspirants in the 2019 General Election. Hopefully, registration of the Women in Politics Caucus will give women the necessary support to join politics. While things were slowly improving, women for a long time were at the receiving end as compared to their male...

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