There is excitement in Botswana as the government owned Okovango Diamond Company begin to auction diamonds in their home country instead of Europe as in previous auctions. De Beers, which is part owner of the mine will also be moving sales operations to Gaborone.
For nearly 80 years the precious natural commodity of diamonds dug from the diamond mines of Botswana have been sorted in London. Botswana has for many years campaigned to carry out the sorting of its rough stones locally. This now appears to have come to pass.