The country’s rough diamond production is expected to reach 25.3 million carats by 2014 and 32.2 million carats in 2020. In 2009, the county’s diamond industry declined sharply due to the global economic crisis, emphasizing the country’s reliance on export demand, leading to a fall in rough diamond production. Botswana’s rough diamonds are mostly exported to the US, Europe and Japan. These three destinations made up 84.7% of the country’s total exports in 2012.
“1 Executive Summary 1
2 Precious Metals Mining In Botswana 6
2.1 Country Overview 6
2.2 Mining Overview 6
2.3 Precious Metal Mining in Botswana – Drivers 7
2.4 Precious Metals Mining in Botswana – Restraints 8
3 Diamond Mining In Botswana – Reserves, Production and Trade 9
3.1 Reserves by Grade and Geographic Regions 9
3.2 Historical and Forecast Production 9
3.3 Total Production by Region 12
3.4 Total Production by Major Mines 12
3.5 Total Production by Mining Method 12
3.6 Major Exploration and Development Projects 12
3.7 Exports 12
3.8 Botswana vs Global Rough Diamond Production 14
4 Competitive Landscape 15
4.1 Debswana Diamond Company (Pty) Ltd. (Debswana) 15
4.2 Lucara Diamond Corp. (Lucara) 16
5 Fiscal Regime 17
5.1 The Botswana Mining Industry – Governing Bodies 17
5.1.1 Ministry of Minerals, Energy and Water Resources 17
5.1.2 Department of Geological Survey 17
5.1.3 Department of Water Affairs 17
5.1.4 Departments of Mines 17
5.1.5 Department of Environmental Affairs (DEA) 17
5.2 The Botswana Mining Industry – Governing Laws 17
5.2.1 Mines and Mineral Act, 1999 17
5.2.2 Explosives Act, 1962 18
5.2.3 Unwrought Precious Metals, 1944 18
5.3 The Botswana Mining Industry – Mining Licences 18
5.3.1 Prospecting License 18
5.3.2 Retention license 18
5.3.3 Mining license 19
5.4 The Botswana Mining Industry – Rights and Obligations 19
5.4.1 Prospecting holder rights 19
5.4.2 Prospecting holder obligations 19
5.4.3 Retention holder rights 19
5.4.4 Retention holder obligations 19
5.4.5 Mining license holder rights 19
5.4.6 Mining license holder obligations 20
5.5 The Botswana Mining Industry – Key Fiscal Terms 20
5.5.1 Royalty rate 20
5.5.2 License fees 20
5.5.3 Corporate Income Tax 20
5.5.4 Capital Gains Tax 20
5.5.5 Withholding Tax 20
5.5.6 Capital Allowance 21
5.5.7 Loss Carry Forward 21
5.5.8 Value Added Tax 21
6 Appendix 22
6.1 What is This Report About? 22
6.2 Methodology 22
6.3 Secondary Research 22
6.4 Primary Research 22
6.5 Contact Timetric 23
6.6 About Timetric 23
6.7 Timetric’s Services 23
6.8 Disclaimer 25″
“Table 1: Diamond Mining in Botswana – Rough Diamond Production (Million Carats), 2000–2020 11
Table 2: Diamond Mining in Botswana – Major Active Mines, 2014 12
Table 3: Diamond Mining in Botswana – Major Development Projects, 2014 12
Table 4: Diamond Mining in Botswana – Rough Diamond Exports (Million Carats), 2004–2020 13
Table 5: Precious Metals Mining in Botswana – Debswana Diamond Company Ltd^, Major Projects, 2014 16
Table 6: Precious Metals Mining in Botswana – Lucara Diamond Corp, Major Projects , 2014 16
Table 7: The Mining Industry in Botswana – Mineral Royalty Rates (%), 2014 20
Table 8: The Mining Industry in Botswana – Depreciation Rates (%), 2014 21″
“Figure 1: Precious Metals Mining in Botswana – Diamond Revenue (2005–2029*) 8
Figure 2: Diamond Mining in Botswana – Rough Diamond Production (Million Carats), 2000–2020 10
Figure 3: Diamond Mining in Botswana – Rough Diamond Exports (Million Carats), 2004–2020 13
Figure 4: Diamond Mining in Botswana – Botswana vs. Global Rough Diamond Production (%), 2012 14
Figure 5: Location of Diamond Mining Companies in Botswana 15″
