GABORONE, March 9 (Reuters) – Botswana will not drop its demand to sell a bigger share of the diamonds produced by its joint venture with De Beers, President Mokgweetsi Masisi said on Thursday, raising the stakes in talks to renew a sales deal that expires in June.
Botswana and De Beers mine diamonds under an equally-owned joint venture, Debswana.
Three-quarters of Debswana’s production, which was 24 million carats in 2022, is sold to De Beers. The balance was sold to the state-owned Okavango Diamond Company (ODC), which was set up under the current 2011 sales deal as Botswana sought to

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