Botswana’s Diamond Legacy
1 July 2024 Tourism could be central to the country’s post-mining plans, says Debswana executive. What connects Prince Harry and…
Tag: De Beers
The women behind the world’s most precious diamonds
1 July 2024 Three Botswana women creating De Beers’s magnificent stones speak to Harper’s Bazaar about the beauty below the…
Botswana propelled to world’s top diamonds producer
22 June 2024 Botswana has ascended to the rank of the top diamond producer globally, unseating sanctions-hit Russia. Most of…
Botswana says it’s in talks about increasing stake in De Beers
10 June 2024 Botswana said it’s in talks over increasing its shareholding in De Beers, as Anglo American prepares to…
Botswana may raise De Beers stake as Anglo weighs spin-off
6 June 2024 The Botswana government may raise its shareholding in global diamond miner De Beers, President Mokgweetsi Masisi told…
Botswana seeking quick separation from Anglo
31 May 2024 BOTSWANA President Mokgweetsi Masisi wanted a quick separation from Anglo American in terms of the UK group’s…
Botswana says it will protect its diamond interests as BHP Bids for Anglo American
8 May 2024 Key points Botswana, the world’s largest diamond producer, says it’s closely following BHP Billiton’s battle to buy…
Botswana’s diamond industry gets boost amid global uncertainty
2 May 2024 Botswana’s diamond trade is on the rise despite industry uncertainty over efforts to sanction Russian stones. De Beers…
De Beers Moving Auctions Head Office to Botswana
26 April 2024 De Beers will relocate its auctions headquarters from Singapore to Gaborone, Botswana, amid cost-cutting efforts at the…
Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp
8 February 2024 Botswana has set aside 890 million pula ($65 million) to buy shares in Belgian diamond trader HB…
De Beers approves $1 billion spending at Botswana mine
11 January 2024 Global diamond giant De Beers said it will go ahead with a planned $1 billion investment to…
A New Dawn for the Botswana Diamond Industry
22 December 2023 The country is at a pivotal point in its diamond journey, with the new deal between De…
De Beers and Botswana to Seek New Diamond Deposits
22 November 2023 De Beers and the Botswana government will work together to find more diamond deposits, after both sides…
Botswana conducts due diligence on HB Antwerp stake, president says
8 November 2023 Botswana seeks 24% stake in Belgian diamond trader. HB Antwerp to get 10% of state gem company’s…
Botswana’s ban on imported vegetables is working, says its president as he seeks re-election
7 November 2023 With elections due next year, Botswana’s President Mokgweetsi Masisi spoke of successes and ambitious plans in a…
Botswana’s ODC halts diamond sales as industry seeks to reduce glut
25 October 2023 Botswana’s state-owned Okavango Diamond Company (ODC) has temporarily halted its rough stone sales as part of an…
Natural Diamonds still rule but concerns mount
30 August 2023 A large majority of people planning to get married prefer natural diamonds, giving the industry momentum at…
De Beers Loosens Buying Rules as Inventories Accumulate
16 August 2023 De Beers will allow sightholders to defer up to half of rough purchases to early next year…
Botswana plans extra diamond sales route after De Beers deal
4 August 2023 Botswana‘s state diamond company is planning to diversify how it sells precious stones to the market as…
A Rough Overhaul: Russia, Botswana and Excess Supply
12 July 2023 Newly published Kimberley Process numbers give fresh insights into current market developments. Too many rough diamonds were…
Diamonds are for now: Botswana inks new deal with De Beers
Botswana has reached an eleventh-hour deal with diamond giant De Beers after months of tense negotiations that saw the continent’s…
Botswana says it is still keen on De Beers partnership, confident of new deal
May 30, 2023 GABORONE, May 30 (Reuters) – Botswana wants to maintain its partnership with De Beers and is confident…
Botswana Diamond Manufacturers Partner with NDC
May 11, 23 (IDEX Online) – Botswana’s diamond industry is joining forces with the Natural Diamond Council (NDC) to promote…
Botswana to Take Stake in HB, Challenging De Beers’ Dominance
(Bloomberg) — Botswana will acquire a 24% stake in Belgian diamond trader HB Antwerp, in a challenge to the southern…
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…