Sightholders Dither on De Beers Rough Despite Price Cut
12 December 2024 Customers faced a dilemma: Buy unprofitable goods or lose future allocations. When shoppers choose to buy diamonds…
Tag: Okavango Diamond Company
Botswana’s ODC seeks $300 million loans for diamond purchases
31 August 2024 Botswana’s state-owned Okavango Diamond Company (ODC) seeks a $300 million credit facility from local banks to support…
Botswana aims to negotiate bigger stake in HB Antwerp diamond dealer
15 August 2024 Botswana intends to renegotiate its proposed purchase of a stake in Belgian gem dealer HB Antwerp to…
Diamond sales at Botswana’s Debswana fall 49.2% as market downturn continues
1 August 2024 Sales of rough diamonds at Debswana Diamond Company fell 49.2% in the first half of 2024, according…
Botswana still wants HB Antwerp model, even without HB
17 November 2023 Botswana miner Lucara Diamond may have nixed its agreement to sell all its big stones to HB…
Botswana’s ODC halts diamond sales as industry seeks to reduce glut
25 October 2023 Botswana’s state-owned Okavango Diamond Company (ODC) has temporarily halted its rough stone sales as part of an…
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…
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…
Botswana intent on selling more diamonds without De Beers
Botswana will not drop its demand to sell a bigger share of the diamonds produced by its joint venture with…
Botswana’s Debswana posts 37.5% jump in 9-month diamond sales
GABORONE, Nov 1 (Reuters) – Rough diamonds sales by Debswana Diamond Company jumped 37.5% in the first nine months of…
Botswana considers synthetics under new minerals policy
In July 2020, a top official at the ministry of minerals – Mmetla Masire, then Permanent Secretary, told a Parliamentary…
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…
How Botswana’s Dazzling 20 Carat Blue Diamond Is Inspiring The Country’s Brightest Creative Talent
When is a diamond more than just a diamond? That question might be best answered by the Okavango Diamond Company…
What you need to know about the Okavango Blue
What makes a Diamond blue? How long did it take to cut and clean the just unveiled Okavango Blue, whose…
Okavango Diamond Company pilots GIA M2M to provide Botswana origin diamonds
GIA (Gemological Institute of America) has announced that Okavango Diamond Company (ODC) is participating in the Institute’s M2M program.…