Company News: Debswana Diamond Company
Updated: 21 Mar 2011
Debswana Diamond Company (Pty) Ltd is a unique partnership between the Government of the Republic of Botswana and De Beers Centenary AG. The main purpose of the company is to mine, recover and sort diamonds. Although Debswana uses the most up to date technology to carry out its business, it is the people it employs and the skills they bring that make Debswana a successful operation. The Botswana diamond mining industry is characterised as the lifeblood of the country, nurturing the entire population to a higher standard of living and better quality of life.
Debswana is the world's leading diamond producer by value and has played a significant role in the transformation of Botswana's economy. It is the largest non-government employer and the largest earner of foreign exchange in Botswana.
Debswana's mining operations have been largely responsible for transforming Botswana from an agriculturally based economy in the 1960s to a country that has consistently displayed one of the highest economic growth rates in the world.
Debswana is the world's leading diamond producer by value and has played a significant role in the transformation of Botswana's economy. It is the largest non-government employer and the largest earner of foreign exchange in Botswana.
Debswana's mining operations have been largely responsible for transforming Botswana from an agriculturally based economy in the 1960s to a country that has consistently displayed one of the highest economic growth rates in the world.
Business Category Exploration; Mining
Regions of Operation Southern Africa
Web: www.debswana.com
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Debswana House P O Box 329
- Gaborone
- Botswana
Most Recent Company News
- Botswana: Held in high regard - 30 Sep 2011 11:48am
As diamond prices rise and the country’s economy grows, Botswana is boosting Africa’s drive for investment Read more... - Diamonds overview - 09 Sep 2011 1:24pm
By the end of 2010, prices for rough diamonds had hit pre-crisis levels, and by mid-2011 were 30% higher in some categories Read more... - Brinkmanship in Botswana diamond deal - 02 Sep 2011 10:37am
Anglo American plc is reported to be blocking a 10-year diamond-marketing agreement between De Beers and the government of Botswana Read more... - Brinkmanship in Botswana diamond deal - 01 Sep 2011 2:00pm
Anglo American is reported to be blocking a new 10-year diamond-marketing agreement between De Beers and the government of Botswana. Read more... - Sparkle returns - 10 Sep 2010 10:53am
Diamond markets have started to show signs of recovery as demand rises and mines restart Read more... - Diversifying out of diamonds - 06 Aug 2010 11:57am
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