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…
Tag: diamonds
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…
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 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…
For engagement rings, are natural diamonds on the way out?
A new crop of jewellery makers using lab-grown and recycled diamonds, as well as recycled metals, appeal to millennials and…