Diamond Trading Co. Botswana (DTC Botswana) announced today that all 16 of the country's license holders meet the supply criteria and will become DTC Botswana sightholders.

The sightholder contract extends for a three-year period, from 2008-2011.

Kago Moshashane, acting permanent secretary of Botswana's Ministry of Minerals, Energy and Water Resources and a director of DTC Botswana, projects that $360 million worth of rough diamonds will be sold by DTC Botswana to sightholders in 2008.

Read Full Story