GABORONE, Feb. 3 (Xinhua) -- Botswana announced on Monday that it has reached an agreement with De Beers, the world's leading diamond company, to extract and sell diamonds, bringing confidence to the country's diamond-dependent economy.
"The government of Botswana and De Beers Group are pleased to announce the successful conclusion of negotiations focused on establishing a new sales agreement for Debswana's rough diamond production as well as extending Debswana's mining licenses beyond 2029," the two sides said in a joint statement.
