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Tag: Rough Diamonds

Did a tax dispute hold up the De Beers-Botswana deal? 

19 February 2025 The diamond industry’s most important sales agreement is almost done. De Beers and the Botswana government have…

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3 months ago

International diamond regulator opens head office in Botswana

12 October 2024 The head office of the international diamond regulator Kimberley Process Secretariat (KPS) officially opened on Tuesday in…

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7 months ago

Lucara signs new ten-year diamond sales agreement with HB Group

Canadian mining company Lucara Diamond Corp has entered into a new diamond sales agreement (NDSA) with processor and trader HB…

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1 year ago

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…

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2 years ago

Natural Diamonds still rule but concerns mount

30 August 2023 A large majority of people planning to get married prefer natural diamonds, giving the industry momentum at…

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2 years ago

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…

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2 years ago

A Rough Overhaul: Russia, Botswana and Excess Supply

12 July 2023 Newly published Kimberley Process numbers give fresh insights into current market developments. Too many rough diamonds were…

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2 years ago

Diamond trade is roaring back thanks to stuck-at-home shoppers

The global diamond trade spent years in the doldrums, only to be crippled by the pandemic just as things started…

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4 years ago

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…

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5 years ago

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