Botswana operations lift De Beers’ overall third-quarter output
28 October 2025 Diamond miner De Beers produced 7.7-million carats for the third quarter ended September 30, a 38% year-on-year…
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…
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…
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…
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…
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…
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…
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…
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…