DE BEERS SETS UP WORLD-CLASS JEWELRY FACILITY IN BOTSWANA

DE BEERS SETS UP WORLD-CLASS JEWELRY FACILITY IN BOTSWANA

As part of the recently agreed deal between Botswana Government and De Beers Group, the diamond mining giant will continue to support Botswana’s diamond beneficiation efforts.

The company will partner with one of its sightholders to set up a state of the art jewellery manufacturing facility in Botswana.

De Beers Executive Vice President – Diamond Trading Paul Rowley said on Tuesday July 4th that the facility will initially create 200-250 jobs and it will deal with jewellery all the way from design to retail and ensure that Botswana plays in the downstream segments of the diamond value chain.

Last year De Beers supplied rough diamonds worth P1.1 billion to local cutting & polishing firms as part of its continued support to Botswana beneficiation efforts.

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