Debswana Diamond Company, a joint venture between the government of Botswana and De Beers, recently launched the Cut-8 expansion project at Jwaneng mine, the largest ever investment in Botswana.
The would-be buyer was a consortium consisting of Anglo American, a mining firm, the Oppenheimer family of South Africa and Debswana, De Beers' joint venture with the government of Botswana.
For one thing, not everyone is expected to take up the offer: only 209 workers and spouses of Debswana's 6, 000 employees have done so even though the drugs have been available for more than a year.
