Botswana says Anglo picks De Beers buyer, weighs options for “optimal structure
19 July 2026 Anglo American has chosen a preferred buyer for its stake in diamond producer De Beers, with Botswana weighing…
Tag: De Beers
De Beers finds Gen Z driving diamond demand rebound
15 June 2026 American consumers are showing renewed interest in natural diamonds, offering a potential boost to Africa’s diamond-producing nations…
Botswana turns to UAE, Oman in De Beers power play
6 June 2026 Botswana is courting the United Arab Emirates and Oman as potential partners in a bid to acquire…
Botswana’s President courts Oman amid De Beers’ control battle
12 April 2026 Botswana’s President Duma Boko is traveling to Oman to sign cooperation deals including over natural resources as…
Botswana to settle for smaller De Beers’ stake?
1 April 2026 Botswana may now settle for a minority stake in De Beers rather than seeking majority control, according…
Diamonds face lasting period of depressed prices, Botswana warns
23 January 2026 Botswana is resigned to a prolonged period of weak diamond prices with serious implications for the budget…
De Beers Confirms Bids from Botswana, Angola and Namibia
12 January 2026 De Beers has confirmed that Botswana, Angola and Namibia have expressed interest in acquiring equity in the…
“Don’t tell me about IMF – we’re buying De Beers.” – President Boko
17 December 2025 President Duma Boko has firmly reiterated Botswana’s intention to acquire De Beers, dismissing advice from observers and…
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…
Angola challenges Botswana in bid for De Beers’ majority stake
28 October 2025 Botswana also seeks controlling stake in De Beers Bidding war could test the Southern African states’ ties…
Botswana operations lift De Beers’ overall third-quarter output
28 October 2025 Diamond miner De Beers produced 7.7-million carats for the third quarter ended September 30, a 38% year-on-year…
Okavango to hold first contract sale
21 October 2025 Botswana’s state-owned Okavango Diamond Company (ODC) is to hold its first contract sale direct to buyers next…
Major opportunity for the diamond business to return to old strengths, says luminary
15 October 2025 Botswana is seeking a greater interest in De Beers, and Angola is seeking an interest too. To…
Botswana, Angola push for pan-African control of De Beers
24 September 2024 Botswana and Angola are spearheading efforts to form a pan-African consortium of diamond-producing nations to jointly acquire…
Anglo American and Botswana: Divorcing and Remarrying
6 September 2025 Ernest Oppenheimer gained control of De Beers in 1929, and Anglo American bought the control from the…
Botswana “could buy De Beers outright”
30 August 2025 The government of Botswana could buy an additional stake in De Beers, or even acquire the business…
Botswana’s Government to acquire controlling stake in De Beers
24 July 2025 This development adds a layer of complexity to the ongoing sale process of the diamond producer by…
You’ll be hearing a lot more about Botswana diamonds
15 June 2025 This week, I spoke with Botswana president Duma Boko and the country’s minister of minerals and energy,…
The National Geographic Society and De Beers Group Announce Opening of New Nkashi Knowledge Centre in the Okavango Delta
11 April 2025 Led locally by the Nkashi Trust, the Nkashi Knowledge Centre in Beetsha, Botswana, is a vital community…
Botswana leaned on Lucara to renew diamond deal
10 February 2025 BOTSWANA may have had a lot to do with Lucara Diamond’s decision to renew a marketing agreement…
Botswana’s first Olympic Gold medalist is De Beers ambassador
27 January 2025 Letsile Tebogo, Botswana’s first ever Olympic gold medal winner, has been appointed a global ambassador for De…
‘They treat us like slaves’: What polishing Botswana’s diamond means for women
27 October 2024 What you need to know… In Botswana’s diamond polishing industry, thousands of women workers face harsh conditions…
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…
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…