Gaborone – De Beers’ CEO said he expected negotiations on a new diamond sales pact with Botswana’s government to be wrapped up within weeks, after meeting with the country’s new president. De Beers, a unit of Anglo American, last year agreed a new ...

Botswana's new president, Duma Boko, said on Friday he wanted to conclude talks for a new sales pact with global diamonds giant De Beers as soon as possible.

Botswana’s new president, Duma Boko, picked Bogolo Kenewendo to be mines minister as his administration moves to cement a deal with De Beers that aims to ensure the nation will derive greater benefit from its diamond riches.