Despite one of the toughest stretches the global diamond industry has faced, De Beers contributed an estimated P11.31 billion to Botswana’s economy in 2025, underscoring the company’s lasting economic importance. The latest data reveals that although global diamond demand remained soft, the miner still generated billions through taxes, local procurement, wages, and shareholder returns. These results highlight Botswana’s ongoing reliance on the diamond sector, even as the industry undergoes significant structural shifts. Anglo American’s 2025...
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