{"id":29937,"date":"2023-07-03T18:28:31","date_gmt":"2023-07-03T18:28:31","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=29937"},"modified":"2023-07-03T20:52:55","modified_gmt":"2023-07-03T20:52:55","slug":"botswana-to-be-allocated-30-of-roughs-under-the-new-deal","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-to-be-allocated-30-of-roughs-under-the-new-deal","title":{"rendered":"Botswana to be allocated 30% of roughs under the new deal"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Botswana\u2019s Okavango Diamond Company (ODC) will now receive 30 per cent of Debswana production, progressively increasing to 50 per cent by the final year of the ten years contract. This is according to a statement issued by De Beers Group on 01 July 2023 just after 6pm.<\/b><\/p>\n

The mining giant says it has reached an agreement with Botswana government, in principle, on a new 10-year Sales Agreement for Debswana\u2019s rough diamond production through to 2033 and a 25-year extension of the Debswana mining licences through to 2054.<\/p>\n

Termed a \u2018transformational agreement, the deal underpins the future of Botswana and De Beers\u2019s Debswana joint venture through long term investment.<\/p>\n

De Beers says the agreement represents a new chapter in an enduring diamond partnership by focusing on four key areas of value that include Industry leadership, Debswana\u2019s future, economic diversification and jobs creation.<\/p>\n

The new deal follows the 2011 \u2013 2021 deal that expired in June 2023 after a few extensions.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Botswana\u2019s Okavango Diamond Company (ODC) will now receive 30 per cent of Debswana production, progressively increasing to 50 per cent by the final year of the ten years contract. This is according to a statement issued by De Beers Group on 01 July 2023 just after 6pm. The mining giant says it […]<\/p>\n","protected":false},"author":84,"featured_media":29936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,237,234],"class_list":["post-29937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nBotswana to be allocated 30% of roughs under the new deal - Botswana<\/title>\n<meta name=\"description\" content=\"Botswana\u2019s Okavango Diamond Company (ODC) will now receive 30 per cent of Debswana production, progressively increasi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-to-be-allocated-30-of-roughs-under-the-new-deal\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Botswana to be allocated 30% of roughs under the new deal\" \/>\n<meta property=\"og:description\" content=\"Botswana\u2019s Okavango Diamond Company (ODC) will now receive 30 per cent of Debswana production, progressively increasi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-to-be-allocated-30-of-roughs-under-the-new-deal\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-03T18:28:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-03T20:52:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/07\/sm_1688392333.171771.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1458\" \/>\n\t<meta property=\"og:image:height\" content=\"969\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-to-be-allocated-30-of-roughs-under-the-new-deal#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-to-be-allocated-30-of-roughs-under-the-new-deal\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Botswana to be allocated 30% of roughs under the new deal\",\"datePublished\":\"2023-07-03T18:28:31+00:00\",\"dateModified\":\"2023-07-03T20:52:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-to-be-allocated-30-of-roughs-under-the-new-deal\"},\"wordCount\":175,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-to-be-allocated-30-of-roughs-under-the-new-deal#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/07\/sm_1688392333.171771.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-to-be-allocated-30-of-roughs-under-the-new-deal#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-to-be-allocated-30-of-roughs-under-the-new-deal\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-to-be-allocated-30-of-roughs-under-the-new-deal\",\"name\":\"Botswana to be allocated 30% of roughs under the new deal - 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