The economy of Botswana, which in 2009 took a 6% hit as the global financial recession hit the diamond industry, forcing the country to cut production of rough diamonds, grew 11.3% in the third quarte联合网

The economy of Botswana, which in 2009 took a 6% hit as the global financial recession hit the diamond industry, forcing the country to cut production of rough diamonds, grew 11.3% in the third quarte

Post Date: 27 Dec 2010 Viewed: 442

The economy of Botswana, which in 2009 took a 6% hit as the global financial recession hit the diamond industry, forcing the country to cut production of rough diamonds, grew 11.3% in the third quarter of 2010 compared to Q3 2009, Bloomberg reports.

Botswana exported $2.36 billion worth of diamonds in the first 10 months of 2010, making the 2010 average monthly value of diamond exports $236.1 million – nearly twice the average monthly export figures for 2009.

Earlier this month, Firestone Diamonds held its first-ever tender for diamonds sourced entirely from Botswana, selling 2,162 carats of diamonds from the BK11 mine at an average per-carat price of $177.