Botswana eyes for greater share in diamond value chain

GABORONE, July 7 (Xinhua) -- Botswana, one of the world's leading diamond producers, vows to expand its involvement in the industry's value chain to promote more businesses and create more jobs in the country, a senior official has said.

The Botswanan government and De Beers, the world's leading diamond company, on July 1 signed a new 10-year sales deal for Debswana, a joint venture between the two sides, on raw diamond production until 2033, as well as a 25-year extension of the mining license through 2054.