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%…
Tag: diamonds
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…
Botswana warns of dangers in dash for African minerals
African governments must be wary of the risks created by rising global competition for the continent’s minerals, Botswana’s mines minister…
Diamond sales at Botswana’s Debswana hit record high in 2022
GABORONE, Jan 31 (Reuters) – Rough diamond sales by Debswana Diamond Company reached record levels in 2022, data showed on…
Diamond sales fuel Botswana budget surplus as buyers shun Russia
Surplus of 0.55% of GDP recorded in six months through Sept. Botswana is second biggest diamond producer in the world…
Botswana wins bid to host anti-conflict diamond watchdog
GABORONE, Nov 7 (Reuters) – Botswana has won its bid to host the permanent secretariat of the Kimberley Process (KP),…
Diamond negotiations with De Beers “hugely distracting” to Botswana government
LUCARA Diamonds wanted a quick resolution to diamond sales contract negotiations between Botswana and De Beers as their two-year discussions were…
Diamonds powers Botswana back trade surplus
Botswana’s trade balance, which has weakened in the past years, widening the trade imbalance, and causing large drawdowns from the…
Lucara starts shaft sinking at Botswana expansion project
Canada-based miner Lucara has started sinking the main shaft at its Karowe diamond mine expansion project, in Botswana, although it…
Top producer Russia thwarts move to redefine ‘conflict diamonds’
JOHANNESBURG, June 16 (Reuters) – Russia, supported by Belarus, Central African Republic, Kyrgyzstan and Mali, has torpedoed a Western-backed proposal…
Over P300 Million Already Spent On Karowe Mine Expansion
During the three months that ended on March 31, 2022 (2022 first quarter), Canadian mining company Lucara Diamond Corporation spent…
Botswana bids to host anti-conflict diamond watchdog body in Gaborone
Botswana wants to host the Kimberley Process Secretariat despite interest from China and Austria. President Mkgweetsi Masisi has emphasised the importance…
Botswana’s Kimberly Process dream deferred
Botswana’s dream of assuming chairmanship of the Kimberly Process Certification Scheme will have to wait until 2022 at the very…