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Topic: Debswana

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In the News (Sat 23 Jun 18)

  Debswana - Wikipedia, the free encyclopedia
Debswana Diamond Company Ltd, or simply Debswana, is a mining company located in Botswana, and is the world's leading producer of diamonds by value.
Debswana is a joint venture between the government of Botswana and the South African diamond company De Beers; each party owns 50 percent of the company.
Debswana was formed as the De Beers Botswana Mining Company on June 23, 1969, after De Beers geologists identified diamond-bearing deposits at Orapa in the 1960s.
en.wikipedia.org /wiki/Debswana   (344 words)

Debswana is the world's leading producer of gem diamonds, contributing about 30% of world output by value from four mines.
Since then, Debswana Diamond Company Ltd has opened three more open pits: Letlhakane, which is 50km from Orapa, in 1977; Jwaneng, 120km west of the capital city, Gaborone, in 1981-2; and the P225 million Damtshaa, which is 20km east of Orapa and is managed from there, in 2003.
Debswana is a 50/50 partnership between the Botswana Government and Swiss-based De Beers Centenary, a 100% subsidiary of DB Investments/De Beers SA in Luxembourg.
www.mining-technology.com /projects/debswana   (833 words)

 Debswana tackles AIDS with anonymous testing
Debswana, the De-BeersBotswana partnership, which mines diamonds, is taking steps to combat the disease by encouraging their workers to take HIV saliva tests known as sero-prevalence surveys.
Over 28% of Debswana's workforce are infected with the virus compared with the 29% national average, which will have a severe impact on the the company and the country's economy.
The good turnout is attributed to the fact that Debswana has run an effective, formalised policy to combat AIDS on its mines since the late 1980s, so workers are highly sensitised to the issue.
www.aegis.com /news/suntimes/2000/ST000606.html   (728 words)

 Mmegi Online | News
Debswana Corporate Social Investment Programme has come to the rescue of the Botswana Society of the Deaf School in Ramotswa.
Debswana said that projects such as that of Botswana Society for the Deaf are close to the company's heart.
The school authority saw it fit to have a nursery so that the children should learn to read and write their first language, which is sign language at a tender age.
www.mmegi.bw /2006/October/Monday16/445495167121.html   (262 words)

 Mining giant fights workplace HIV/AIDS
Debswana, the country's largest employer has come up with programmes to better the lives of its HIV-infected employees and their spouses.
According to Debswana's corporate communication manager, Jacob Sesinyi, an HIV/AIDS infection survey conducted in early 2001 revealed that 35 per cent of its employees were infected with the virus.
To counter the costs Debswana formed a trust fund under which trustees are appointed from both employer and employee representatives to manage the provision of anti retroviral drugs and monitor the related costs.
www.newsfromafrica.org /newsfromafrica/articles/art_1252.html   (1116 words)

 Debswana to Pay 90% of AIDS Drugs Costs for Employees   (Site not responding. Last check: 2007-11-02)
Debswana, a diamond mining company jointly owned by De Beers and the government of Botswana, announced it will subsidize the cost of antiretroviral treatments for HIV-positive employees and their infected spouses.
Debswana employs 6,000 people at its three mines, head office and a diamond valuing subsidiary.
Debswana's mines produce 40% by value of the diamonds sold by the Diamond Trading Company, part of the De Beers group.
www.professionaljeweler.com /archives/news/2001/030801story.html   (284 words)

 Business Report - Strikers ready to capitulate if Debswana reinstates fired staff   (Site not responding. Last check: 2007-11-02)
Debswana accounts for most of Botswana's annual gem output, which was worth $2.2 billion (R14.46 billion) in 2003.
Debswana, the biggest source of diamonds for De Beers, which sold $5.52 billion worth of gems last year, is equally owned by De Beers and Botswana's government.
Debswana would not simply rehire all the workers, as "they knew what the repercussions were before they went on strike", Sesinyi said.
www.busrep.co.za /index.php?fSectionId=&fArticleId=2202084   (1051 words)

 BBC NEWS | Business | Botswana firm 'dismisses' workers
Debswana Diamond Company has sent letters to about 1,000 staff informing them that they have been dismissed, according to the AFP news agency.
Debswana, which is owned by De Beers and the government, operates four diamond mines.
Debswana says it is now talking to the BMWU national executive, after talks with local unions failed.The BMWU's general secretary Donald Lobotse said that the strike was continuing.
news.bbc.co.uk /2/hi/business/3595250.stm   (399 words)

Debswana Diamond Company (Pty) Ltd is a unique equal partnership between the Government of the Republic of Botswana and De Beers Centenary AG.
Although Debswana uses the most up to date technology to carry out its business, it is the people it employs and the skills they bring
Debswana Orapa and Letlhakane Mines last night donated P26 406 to the Centre for Youth of Hope (CEYOHO).The money was raised durin...
www.debswana.com   (194 words)

 Wenco International Mining Systems Ltd.   (Site not responding. Last check: 2007-11-02)
Botswana - August 2006- Debswana - the world's leading diamond producer by value alone – is upgrading their Wenco BenchManager high precision GPS applications and broadband field communications.
Debswana - the world's leading diamond producer by value alone - has played a significant role in the transformation of Botswana’s economy.
Debswana's mining operations have been chiefly responsible for transforming Botswana from an agriculturally based economy in the 1960s to a country that has subsequently consistently displayed one of the highest economic growth rates in the world.
www.wencomine.com /news_debswanabm.html   (410 words)

 Investor's Business Daily: Breaking News
Debswana is looking to replicate the success of the Jwaneng operation by engaging Gemcom again at Orapa.
Debswana Diamond Company (Pty) Ltd is owned in equal shares by the government of the Republic of Botswana and De Beers Centenary AG.
Debswana is the world's leading diamond producer by volume and value and has played a significant role in the transformation of the Botswana economy.
investors.com /breakingnews.asp?journalid=44580566   (793 words)

 An MBendi Profile - Organisation: Debswana Diamond Company (Pty) Limited
Debswana Diamond Company (Pty) Ltd is involved in the Botswana mining industry.
Debswana has a 93% interest in Botswana's only coal mine, Moropule.
Debswana has a 50% interest in the three largest diamond mines in Botswana: Orapa, Jwaneng and Lethlakane.
www.mbendi.co.za /orgs/cbfs.htm   (235 words)

Debswana MD Louis Nchindo says the strategy underlying this decision is to help diversify the Botswana economy from its almost total dependence on diamonds.
Debswana plans to build a 96-room hotel at Chobe; another 96-room hotel at Maun and a 200-room hotel in Gaberone.
The hotels will be owned by Debswana - which means they are owned by Botswana - whereas many of the other tourism facilities in the country are foreign-owned.
free.financialmail.co.za /report/debeers2002/debeersf.htm   (369 words)

 AEGiS-LT: A Way to Foster Employee Health: Some southern African firms are taking on the costs of fighting AIDS for ...
Profit from Debswana's mines is fueling Botswana's economy, which is expected to grow 9% this year, up from 8% in 2001.
Debswana's financial success here has built a town of 16,000, where 20 years ago there were only scrub brush and herdsmen's scattered round huts.
Debswana was among the first businesses in the region to announce its infection rates, but only 20% of its HIV-positive workers have enrolled in its program.
www.aegis.com /news/lt/2002/LT021210.html   (2067 words)

 business.iafrica.com | company news De Beers Debswana mines hit by strikes
The De Beers Debswana joint venture in Botswana has been hit by illegal strikes, it was announced on Monday.
Debswana is a joint venture between the Botswana government and diamond giant De Beers, in which Anglo American has a 45 percent stake.
Debswana offered a 10 percent allowance, plus a production bonus of five percent of annual salary.
business.iafrica.com /company/343288.htm   (451 words)

 BBC NEWS | Business | Botswana miners settle wage row
Botswana is the world's largest producer of uncut diamonds and Debswana, which is owned by diamond giant De Beers and the Botswana government, operates four diamond mines.
Debswana said a total of 451 workers had been sacked for taking part in the strike, which was the longest in Debswana's history, but 133 have since been re-employed.
Debswana is preparing to defend itself at the hearing.
news.bbc.co.uk /go/click/rss/0.91/public/-/2/hi/business/3655546.stm   (269 words)

 Diamond giant leads the fight against HIV/AIDS   (Site not responding. Last check: 2007-11-02)
The mine is one of three operated by Debswana - a joint venture between the government of Botswana and diamond company De Beers - and it is here that the company's HIV/AIDS policy has been first implemented.
Debswana has established a network of AIDS coordinators, counsellors and peer group leaders to "mainstream" HIV/AIDS awareness in the workplace.
Debswana's multi-sectoral approach means "chiefs, traditional healers, as well as the government were part of this process," said Lena Tumelo.
www.irinnews.org /pnprint.asp?ReportID=1119   (846 words)

 The Midweek Sun:: The news you can trust   (Site not responding. Last check: 2007-11-02)
They alleged that dismissal letters were not served on them but Debswana chose the unprofessional way of handing dismissal letters to their children in schools.
Recently when schools reopened for the beginning of the year children whose parents have been dismissed from the mines found themselves with no school to go to as they were given letters informing them about termination of their scholarship.
Suprisingly, Debswana has even refused to accept back those students whose parents were willing to part with their personal funds to pay for their children’s school fees at the mine schools as it is done with some non employees of Debswana.
www.midweeksun.co.bw /79671211713.html   (500 words)

 CNN.com In-Depth Specials - Your Business, Your World
This year, Debswana, as the joint venture is known, will mine 25 million carats of diamonds.
But Debswana's joint owner, De Beers, does very well for itself, too: Overall it makes $6 billion a year in sales and $1.4 billion in profits.
Likewise, the Debswana hospital near the Jwaneng mine serves the local community as well as employees -- including many with AIDS-related diseases in a nation where one adult in four is infected with HIV.
www.cnn.com /SPECIALS/2000/yourbusiness/stories/diamonds/index.html   (1862 words)

 SADOCC - News - Opposition call for government intervention in labour dispute
As one the shareholders in Debswana, opposition politicians said government should not be sitting on the fence when there is a labour dispute.
Rantao added that it has become clear that there was a glaring disparity in the salaries of the mine workers and the Debswana management.
He said it was a national scandal that the Debswana management was earning huge sums at the expenses of other workers.
www.sadocc.at /news/2004-276.shtml   (476 words)

 www.mineweb.net | events | conferences | 2006 | capital resources botswana resource sector conference Minister wants ...   (Site not responding. Last check: 2007-11-02)
Debswana is half owned by the Botswana government and half owned by mining giant De Beers.
Botswana’s economic dependence on diamond mining is overwhelming, with the industry contributing 36% to GDP and generating 50% of government revenue.
Speaking on the possibility that Debswana may look at diversifying the minerals it produces, Tibone said he gets mixed readings on the matter but says he is told that diamond mining is the entity’s core business.
www.mineweb.net /events/conferences/2006/botswana/695903.htm   (727 words)

 Mmegi Online ::> news we need to know
Just days after Debswana management announced that the union and themselves had concluded their wage negotiations for 2004/2005, the union officials maintain that the management coerced them into signing the agreement.
However, Debswana management spokesperson, Jacob Sesinyi says the union is lying and maintains that their (union’s) statement is a mere face saving gimmick.
He likened the relationship between management and Debswana to that of a marriage and said one only went to court to dissolve it.
www.mmegi.bw /2004/September/Thursday16/9330321997.html   (562 words)

 Debswana stand-off continues   (Site not responding. Last check: 2007-11-02)
Debswana started firing miners on Tuesday, a day after they failed to turn up for work at the four mines owned by Debswana, a 50/50 partnership between the De Beers group and the government of Botswana, which is the world's leading producer of uncut diamonds.
Sesinyi added that Debswana had sent out some 1 000 letters of dismissal to the miners.
Botswana's industrial court ruled on August 6 that a strike by the diamond miners would be illegal as certain procedures in the bargaining process had not been followed and no agreement on ensuring essential services at the mines had been reached.
www.news24.com /News24/AnanziArticle/0,,1518-24_1578099,00.html   (254 words)

 Radio Netherlands Worldwide - Independent thinking, independent voice - English - A matter of national survival
The contrast between the situation in D'Kar and that of the workers at Debswana's Jwaneng mine about two hours from the Botswana capital is stark.
Jacob Sesinyi at Debswana's head office in Gaborone confirms that these kinds of measures are in place at all Debswana's mines and facilities.
Debswana don't just provide its employees with HIV/AIDS support, they also regularly monitor their worker's blood pressure and test for diabetes.
www.radionetherlands.nl /features/development/060530agl   (1327 words)

 Interview with Mr. Cletus Tangane - World Investment News
A1: Morupule Colliery Limited is a subsidiary of the Diamond Giant Debswana, with a 100 percent shareholding.
Debswana again is a 50/50 shareholding with the government of Botswana and De Beers mining company.
We are a coal mining operation of Debswana.  Our vision is to be the most competitive and preferred coal supplier initially in the SADC region and then the rest of the world.
www.winne.com /dninterview.php?intervid=1920   (938 words)

 Who really belongs to another age – bushmen or the House of Lords? by George Monbiot 21 March 2006
Debswana, a joint venture between De Beers and the government of Botswana, owns the rights to mine diamonds in the bushmen's land in the Kalahari.
He might have added that Debswana was being assisted by Hill and Knowlton, the public-relations company famous for the unsavoury nature of its clients.
Tonge's timing was also unfortunate: she made this speech just six weeks after Survival International launched its campaign to try to discourage people from characterising indigenous people as primitive and living in the stone age.
www.doublestandards.org /monbiot15.html   (1048 words)

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