Debswana to Plow $6 Billion for Biggest Underground Diamond Mine
(Bloomberg) – Debswana Diamond Co. will spend 65 billion pula ($6 billion) to build the world’s largest underground diamond mine…
Tag: De Beers
Botswana diamond mining company launches tender for small solar park
Diamond Trading Company Botswana is seeking proposals for a 600 kW ground-mounted PV plant to power operations at its mining…
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…
De Beers diamonds sparkling in early 2021 thanks to Valentines, Chinese New Year
Global mining company, De Beers says it expects to report $650 million in rough diamond sales for its first cycle…
Botswana looks to coal to curb diamond dependency
Botswana must diversify into commodities such as coal and base metals as a matter of urgency, after a difficult year…
Diamond trade is roaring back thanks to stuck-at-home shoppers
The global diamond trade spent years in the doldrums, only to be crippled by the pandemic just as things started…
Debswana terminates $1.3bn contract with Thiess
De Beers-owned Debswana Mining Company has reportedly terminated a $1.3bn contract with a unit of Australian firm Thiess to extend…
De Beers Buys Another Year to Strike Diamond Deal With Botswana
De Beers is extending its decade-long sales agreement with Botswana, where it sells diamonds from the world’s best mines, for…
DTCB to equip its Gaborone factory with a 950 kWp solar power plant
The Diamond Trading Company Botswana (DTCB) has recently begun the construction of a solar photovoltaic power plant for its offices…
Where are diamonds found? Spotlight on Botswana diamonds
Botswana is currently the world’s second-largest producer of diamonds. Some of the world’s largest diamonds have been found here. Diamonds…
De Beers plans to clean up diamond supply chain, be carbon neutral by 2030
Diamond mining giant De Beers on Monday outlined plans to ethically source its diamonds and be carbon neutral by 2030…
Government seeks bigger stake in mining companies
The government has engaged local and international mineral investors on whether the Mines and Minerals Act can be amended to…
De Beers collaborates with 5 female jewellery designers on a capsule to benefit youth in Botswana
Reset is a word that has come to define 2020. When the pandemic hit the United States in March, we…
De Beers to stop production at Botswana mine
Debswana, De Beers’ joint venture with Botswana, will pause mining at the Damtshaa deposit for an indefinite period, citing a…
De Beers to close Damtshaa Mine in Botswana
Debswana Mining will close its Damtshaa diamond mine in 2021 for three years, the president of the Botswana Mine Workers Union, Joseph…
Botswana sees 7.7 % growth in 2021 on diamond industry recovery
Botswana‘s economy will rebound and grow 7.7% in 2021 from an 8.9% contraction forecast this year, on the back of…
De Beers collaborates with jewellery designers, introduces ReSet initiative
De Beers Group has introduced ReSet, a series of collaborations with jewellery designers to engage in conversations around sustainability and…
As Botswana celebrates its 54th year of Independence – a look at the country’s key events over the years
On this day 54 years ago, the Republic of Botswana gained its independence from Britain. Before its independence in 1966,…
De Beers hopeful as sales tick up
Diamond mining giant, De Beers is reading positive signs of recovery from its latest sales, which showed a near three-fold…
De Beers rough diamonds demand under short-term pressure
Diamond giant De Beers Group says demand for rough gems remains under short-term pressure as travel restrictions in southern Africa…
Russia, Congo, Botswana hold 80% of global diamond reserves
Russia’s Alrosa is the only major diamond company currently producing in Angola via its stake in the Catoca mine (pictured)…
De Beers Offers 100% Deferrals at May Sight
De Beers is allowing rough-diamond customers to skip all purchases at next week’s sight, as shutdowns of manufacturing and retail…
Memories of 1960s Botswana: Leaving Paradise
On the way home for one holiday, we were close to the border on the South African side when we…
Botswana seeks new De Beers diamond sales deal by end of April
Botswana plans to conclude negotiations with De Beers on a diamond sales agreement by the end of April to replace…
Tsodilo Resources Limited announces sampling plan with inclusion of BK16 Kimberlite Project
Tsodilo Resources Limited is pleased to announce that a renewal application for Prospection License 369/2014 has been filed with the…
De Beers, Botswana awards $1.2bn expansion contract of world’s richest diamond mine to Thiess
The Debswana Diamond Company, a 50/50 joint venture between the Government of the Republic of Botswana and De Beers Group,…