Botswana critical minerals are the new bet: the world's top diamond nation is pushing into copper and nickel as lab-grown gems dent its economy.
BOTSWANA · MARKETS
Key Facts
—The pivot: Botswana, long the world’s leading diamond producer, is pushing into copper, nickel and cobalt.
—Why now: Cheap lab-grown diamonds have hit prices and dented an economy built on the gems.
—BHP’s move: The mining giant BHP is committing up to $25 million to explore copper in Botswana.
JOHANNESBURG: Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives…
Botswana, one of the world's biggest diamond producers, has been struck by a global decline in the market.
Botswana seeks to increase its stake in De Beers as the diamond firm faces a sale amid plummeting prices from lab-grown…
Botswana joins the World Federation of Diamond Bourses as it battles rising competition from lab-grown diamonds and pushes to…
In September, Botswana’s national statistics agency reported a 43% drop in diamond output in the second quarter, the steepest…
The minister noted diversification aims for Botswana to "benefit from and participate in processing industries," including in…
