Latest Debswana Stories

2009-04-17 12:08:54

Botswana, the world's largest diamond mine producer, says it will cut output by more than half this year because of low gem demand. Debswana, the company jointly owned by the Botswana government and De Beers, plans to produce 15 million carats of diamonds this year, compared to 33.6 million carats in 2008, the BBC said. Diamonds decorate not only jewelry, but also industrial cutting tools. The announcement came after the state diamond trading firm DTCB said it could only sell between 18 and...

2009-04-16 03:00:00

CAPE TOWN, South Africa, April 16 /PRNewswire/ -- Botswana faces a severe electricity crisis, which has been compounded by a similar crisis in neighbouring South Africa. As a result, BPC, the public utility, has embarked on significant capital expenditure for a phased expansion of its sole power station and the introduction of independent power producers (IPPs) in the country. Frost & Sullivan anticipates that the Botswana electricity industry is set to grow at a compound annual growth...

2009-02-24 12:35:06

Diamond producer De Beers said it would suspend work at several mines in Botswana amid a global recession that has weakened demand. The joint venture Debswana, a partnership of De Beers and the Botswana government, will suspend production at two mines for the rest of the year. Two other mines, including Jwaneng, the world's most productive diamond mine, will halt production until mid-April, The Daily Telegraph reported Tuesday. Mining had already been halted since December, with 5,500 miners...

2006-06-28 20:45:00

By Eric Onstad JWANENG, Botswana (Reuters) - Three years ago Mmameja Gafiwe was wasting away from the virus that causes AIDS in a desolate mining town in Botswana's Kalahari desert. "It was bad. I couldn't walk. I thought I was dying," said the 39-year-old as she waited in a clinic that provides the drugs that probably saved her life. These days Gafiwe is well. Her biggest problem now is that has no job and lacks money for food to satisfy a healthy appetite. Botswana is widely admired for a...

2006-06-06 01:16:09

By Eric Onstad JWANENG MINE, Botswana (Reuters) - Moonlight glistens off a huge zeppelin airship as it glides over Botswana's Kalahari desert. High-tech sensors on board probe the arid sands below, looking for buried diamonds. This is De Beers' latest tool in its search for gems in Botswana, the world's leading diamond producer by value. The rigid dirigible with a disaster-scarred history carries classified U.S. technology, first developed for the military and still so sensitive...

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