Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News [better] -
The 2025 deal has improved the situation—moving the ODC allocation from 25% to 40% and eventually to 50% is a tangible victory. However, the fact that the mining licenses were extended for a full quarter-century in exchange for these gains suggests that De Beers still walked away with the long-term prize: security of supply.
The signing of the sales deal in early 2025 did not end the debate. Instead, it became a stepping stone for a bolder, more existential play. The 2025 deal has improved the situation—moving the