To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds.

Measure promotes greater transparency around the level of natural resource wealth shared with the governments of host countries.

The company invested $106 million in 2022 in underground development.

Previous EU attempts to sanction Russian gems have run into resistance from importer nations such as Belgium.

The Anglo American unit is in talks with the Botswana government to extend mining rights that expire in 2029.

Botswana President said his government is prepared to walk away from negotiations if he’s not satisfied with the division of revenues.