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2024-01-10 07:28:29
The board of Debswana, the 50/50 joint diamond mining venture between De Beers Group and the Botswana government, has approved an investment of approximately $1 billion for a key phase of the underground project’s development of Jwaneng, we learned on Wednesday.
This investment will pave the way for the transition of the world’s most valuable diamond mine from open-pit to underground mining, according to the release. (Reporting by Felix Njini and Nellie Peyton; Editing by Louise Heavens)
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