JWANENG PROFILE Advert and Map Free Edition

will be the final layer of open cast mining in
Jwaneng, is now closer to final budgets and
shareholder approvals. Anglo American
holds 85% equity in De Beers, which in turn
holds 50% equity in Debswana. The
Government of Botswana holds a 15% stake
in De Beers and a 50% stake in Debswana. The
life of mine plans for Jwaneng conducted
last year put 2034 as the end of the Mine,
including resources dug up by the Cut 9
project.
Government intends to bundle the financing
of Cut 9 into its negotiations with De Beers
for the renewal of the 10-year sales
agreement covering produce from the
Debswana mines. The sales and marketing
ends in September 2020 and ahead of the
talks, government has already established a
steering committee, which consists of public
sector technocrats, consultants, lawyers
and others.
www.jtc.gov.bw
60