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…
Tag: Debswana
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…
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.…
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…
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…
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 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…
Major solar proposal could diversify economy, reduce costs for Botswana
A proposed five gigawatt (GW) solar power programme to be developed jointly by Botswana and Namibia would become a landmark…
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…
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…
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,…
Diamond rebound prompts Botswana upgrade
Standard and Poor’s (S&P) has raised Botswana’s economic outlook from negative to stable, citing an upturn in the diamond sector.…