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Government of the Republic of Botswana and De Beers Group agree a further six-month extension to existing sales agreement due to ongoing impact of covid-19
Government of the Republic of Botswana and De Beers Group agree a further six-month extension to existing sales agreement due to ongoing impact of covid-19
17 Dec 2021

As a result of the continuing logistical challenges presented by the Covid-19 pandemic during 2021, the Government of the Republic of Botswana and De Beers Group have agreed to extend their existing agreement for the sale of Debswana’s rough diamond production until the end of June 2022.

The extension period, during which the two partners will continue to operate under the terms of the existing agreement, will provide further time to complete discussions regarding the contract renewal following the good progress made during 2021.

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About De Beers Group

Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of the De Beers Group strategy as it develops its portfolio of brands, including De Beers Jewellers and Forevermark, and other pioneering solutions, such as recently launched diamond sourcing and traceability initiatives GemFair and Tracr. De Beers Group employees are committed to ‘Building Forever,’ a holistic and integrated approach for creating a better future – one that is fairer, safer, cleaner and healthier; where safety, human rights and ethical integrity continue to be paramount; and where communities thrive and the environment is protected. De Beers Group is a member of the Anglo American plc group. For further information, visit www.debeersgroup.com.