IMF warns against buying De Beers
14 December 2025 The International Monetary Fund (IMF) has cautioned Botswana to reconsider its plan to increase its stake in…
Tag: Botswana diamonds
World’s second largest diamond found in Botswana
22 August 2024 X-ray technology used to find the 2,492-carat stone in the African country’s Karowe Diamond Mine. A 2,492-carat…
Lucara to spend US 20.3 million on prospecting
14 November 2023 Lucara Diamond Corp praised its sparkling third quarter results saying they put it in a good mood…
Five-year South African diamond prospecting licence awarded
12 June 2023 JOHANNESBURG (miningweekly.com) – London Aim- and Botswana-listed diamond exploration company Botswana Diamonds has been granted a five-year prospecting licence on ground containing…
De Beers’ sales reach P6.7bn
De Beers recently sold an estimated $495 million (P6.7bn) of rough diamonds in its second auction of the year, a…
Botswana intent on selling more diamonds without De Beers
Botswana will not drop its demand to sell a bigger share of the diamonds produced by its joint venture with…
Lucara announces extended diamond sales agreement with HB
Lucara Diamond Corp. has entered into an extended diamond sales agreement with Lucara Botswana (Proprietary) Ltd, and HB Trading BV,…
Three more diamond cutters, polishers come to town
The Government has revealed three more diamond cutting and polishing companies will set up businesses locally before the end of…
Botswana Diamonds acquires additional stake in Botswana JV
Dual-listed Botswana Diamonds (BOD) has acquired an additional stake in the prospective Maibwe joint venture (JV) in Botswana. Siseko Minerals…
Amanda Seyfried wears Almasika for “Black is Brilliant” with Rad and De Beers Group at the 2022 Time100 gala
NEW YORK, June 9, 2022 /PRNewswire/ — Amanda Seyfried wore an Almasika necklace designed by Catherine Sarr featuring ethically and sustainably sourced natural…
Botswana considers synthetics under new minerals policy
In July 2020, a top official at the ministry of minerals – Mmetla Masire, then Permanent Secretary, told a Parliamentary…
De Beers extends Botswana sales deal as it negotiates new contract
De Beers Group said on Friday it has extended by six months a 10-year agreement with Botswana for the sale…
Losses increase at Teeling’s Botswana Diamonds
John Teeling’s Botswana Diamonds has reported an operating loss of £472,107 (€552,072) for the 12 months to June 30. This…
Lucara shines bright again with unearthing of 393-carat gem
Lucara’s star continued to shine last week as it announced it had unearthed yet another mammoth diamond from its mine…
Lucara Recovers 393 Carat Top White Gem Diamond from the Karowe Mine in Botswana
Lucara Diamond Corp. (“Lucara” or the “Company”) announce yesterday it had recovered a 393.5 carat top white Type IIa gem-quality…
De Beers’ second-quarter rough diamond production up 134%
Diamond miner De Beers’ rough diamond production increased by 134% year-on-year to 8.2-million carats during the second quarter, which the…
Britain’s Firestone to sell Botswana diamond mine for $50 000
Britain’s Firestone Diamonds has agreed to sell its Botswana mine to a local company for just $50,000, after previous attempts to…
Shine bright like a diamond: Botswana unearths another 1,000+ ct diamond
Diamond miner Lucara Diamond Corp has recovered a 1,174.76 ct diamond from its Karowe mine, in Botswana. It is the third…
Botswana unearths the world’s ‘third largest’ diamond
The 1,098-carat diamond is the biggest stone of gem quality to be found in the history of the Debswana company.…
Lucara Recovers 470 Carat Diamond from the Karowe Mine in Botswana
Lucara Diamond Corp. (“Lucara” or the “Company”) is pleased to announce the recovery of a 470-carat top light brown clivage…
Lucara secures $220m for Botswana diamond mine expansion
Canadian miner Lucara Diamond Corp has secured credit-approved commitments for senior debt facilities of up to $220-million to fund the…
Botswana hits another trade surplus
Botswana’s trade balance appears to be improving, driven by a recovery in the diamond industry. In recent years, the country’s …
Botswana economy seen growing by 6.2% in 2021
International credit rating agency – Moody’s, says it forecasts that the Botswana economy will recover in 2021, with real GDP…
Botswana finds 11 diamonds at Thorny River project
Botswana Diamonds (LON:BOD) said on Monday it had recovered 11 diamonds and “abundant” kimberlitic indicators from drill samples at its…
Botswana’s Debswana expects to increase diamond output by 38% in 2021
Diamond producer Debswana aims to increase output by 38% this year to pre-pandemic levels of 23 million carats, a company…
Botswana Diamonds enters cooperation agreement to fast-track Botswana diamond exploration
Botswana Diamonds (BOD) has entered into a cooperation agreement to fund the exploration of its prospecting licence assets in Botswana…