De Beers upbeat on Botswana diamond pact after meeting new president
De Beers' CEO said he expected negotiations on a new diamond sales pact with Botswana's government to be wrapped up within weeks.
CONAKRY, May 14 (Reuters) – Guinea’s Societe Miniere de Boke (SMB) has completely shut down bauxite production at its mine for the past 10 days owing to a staff walkout, its director general said on Monday.
SMB Director General Frédéric Bouzigues told Reuters by telephone that the company had already lost between one million to 1.2 million tonnes of scheduled bauxite production because of the strike, with losses running to $1 million a day.
(Reporting by Saliou Samb; Writing by Tim Cocks; Editing by Edmund Blair)
