News

DTC Botswana to begin office

The office will deliver sorting and aggregation facility

diamond world news service

According to Antwerp Facets News Service, the Diamond Trading Company Botswana is ready to open its services on March 18 at Gaborone, reports the. The office will deliver sorting and aggregation facility. The inauguration will be at the hands of the outgoing Botswana President Festus Mogae.

The sorting business from the facility is targeted at 49 million carats of rough diamonds per annum, with employment strength of 600 Batswana. The investment in the facility was worth $73 million. Around 39 sorting machines have also been employed at a cost of $11 million.

Reports add that Botswana has licensed 16 polishing plants in order to receive their share of around $550 million worth of roughs a year, for processing, by 2010.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Florida Couple Discovers Rare 3.36-Carat Diamond at Arkansas’ Crater of Diamonds

Fancy Colour Diamond Prices Surge 205% Since 2005, Says Natural Diamond Council

British Luxury Brand Anayah Breaks Barriers with First Female Artisans in India

De Beers' Payments to Namibia Fall Amid Diamond Market Slump

WFDB Backs Industry-Wide Pact to Support Natural Diamond Promotion