IMF slashes Botswana’s 2024 growth forecast amid diamond market woes
14 July 2024 The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April…
Tag: diamonds
Russia Overtakes Botswana for Rough-Production Value in 2023
8 July 2024 The value of Russia’s rough-diamond production surpassed Botswana’s for the first time in 2023 even as sanctions…
Calling all aspiring jewellery designers – entries for the 2024 Shining Light Awards now open
4 July 2024 Entries for the 2024 De Beers Group Shining Light Awards (SLA) jewellery design competition are officially open.…
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…
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: De Beers sell-off is “best thing”
8 June 2024 (IDEX Online) – The Botswana government has greeted news of a De Beers sell-off as “the best…
The Brilliance of Botswana Diamonds
20 May 2024 Discover how the natural diamond industry helped transform the now thriving Southern African country with brilliant Botswana…
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…
G7 Sanctions Will Harm Botswana’s Diamond Development, Officials Say
20 March 2024 The Group of Seven (G7) import restrictions targeting Russian diamonds will have a detrimental impact on Botswana’s…
Lucara Diamond unearths over 530-carats at Karowe mine in Botswana
23 February 2024 Lucara Diamond announced Wednesday the recovery of a 320-carat, a 111-carat and two +50-carat stones from its…
Lucara announces recovery of 166 Carat type IIA diamond from Karowe Mine
11 January 2024 Lucara Diamond Corporation is pleased to announce the recovery of a 166 carat diamond from its 100%…
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…
Lucara Botswana unearths yet another whopper
21 November 2023 “Dumelang, betsho. I am so delighted to learn that Lucara has made yet another big diamond discovery…
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…
De Beers, Botswana One Step Closer to Finalising Agreement
3 October 2023 The two have signed “heads of terms” for the tentative 10-year sales agreement they reached in June.…
HB Antwerp co-founders clash over gem trader’s future as Botswana deal looms
13 September 2023 Diamond processor and trader HB Antwerp said on Monday it had removed one of its three co-founders…
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…
Whopper! Lucara Finds 1,080-Carat Diamond at Botswana Mine
9 August 2023 The Karowe mine in Botswana has produced a 1,080-carat diamond—the fourth diamond over 1,000 carats recovered from…
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…
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…
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…
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 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…
Botswana mining growth seen flat amid dim diamond outlook
Botswana expects output from its mining sector to be flat this year, as the diamond industry loses its sparkle due…