Tag: Global Mining

De Beers
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Botswana eyes bigger stake in De Beers as diamond industry enters new era

Botswana is preparing to seek a larger stake in De Beers as Anglo American moves to exit the diamond business, but the government has yet to decide how much it can afford to buy. Vice President and Finance Minister Ndaba Gaolathe said any holding would exceed Botswana’s current 15% interest.  The government is balancing that ambition against worsening public finances…

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