Diamond

Botswana Diamonds Strikes Gold in South Africa

Botswana Diamonds has secured a significant foothold in South Africa’s diamond mining landscape, acquiring a prospecting permit for five kimberlites in the historic Marsfontein area. The 900.67-hectare permit encompasses the renowned Marsfontein diamond mine and extends to the company’s Thorny River properties in Limpopo. The company has set its sights …

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Lucara Divests Clara Diamond Solutions for Strategic Refocus

In a recent announcement, Lucara Diamond Corp. (TSX, BSE, Nasdaq Stockholm: LUC) revealed the sale of its 100% stake in the Clara Rough Diamond Sales Platform to its original founders, led by the HRA Group of Companies and Eira Thomas. Clara is a pioneering digital marketplace that revolutionides the sale …

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Botswana’s Diamond Crown Jewel: A New Record-Breaking Find

In a stunning discovery that has captured the world’s attention, Lucara Diamond Corporation has unearthed the second-largest diamond ever found – a colossal 2,492-carat gem from its Karowe mine in northeastern Botswana. This monumental find, which surpasses all diamonds discovered in the 21st century, has reignited interest in the country’s …

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AI to Unleash Botswana’s Diamond Treasure Trove

Botswana Diamonds (BOD) is betting big on artificial intelligence (AI) to crack open the secrets of its vast mineral-rich territory. The AIM-listed company has embarked on an ambitious project to explore its 95,000 square-kilometre database using cutting-edge AI technology. With a treasure trove of data at its fingertips, including 375,000km …

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Fall in diamond production to slowdown economy

The local economy is projected to further decelerate this year, the International Monetary Fund announced recently. The projection comes after the IMF team led by Luc Eyraud, Division Chief in the IMF African Department and Mission Chief for Botswana, visited the country and held economic discussions from July 2 to12, 2024. “Looking …

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Lucara Appoints Lauren Freeman as Vice President, Mineral Resources

Effective 1 July 2024, Lucara Diamond Corp. has announced the appointment of Dr. Lauren Freeman as Vice President, Mineral Resources. Freeman, a renowned specialist in large Type II diamonds, brings over 25 years of extensive experience in the mining industry. Her expertise encompasses mineral resource estimation, diamond value management, diamond …

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De Beers Up for Grabs: Botswana Eyes Bigger Slice of Diamond Giant

Diamonds may be forever, but Anglo American’s grip on De Beers seems to be loosening. The Botswana government, a key player with a 15% stake in the diamond giant, is eyeing a potentially bigger piece of the pie as Anglo weighs a spin-off or sale. “This could be the best …

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Diamond Rush: Botswana Unearths AI to Hunt for Hidden Gems

Botswana Diamonds, a leading diamond explorer, is on the cusp of a technological revolution. They’ve announced plans to leverage the power of Artificial Intelligence (AI) to sift through their vast geological database, potentially leading to a treasure trove of new diamond discoveries. This unprecedented move marks a significant shift in …

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Lucara Unearths Stellar Diamonds at Karowe Mine

Lucara Diamond Corp. (TSX: LUC) has unearthed a treasure trove of diamonds at its Karowe Mine in Botswana, further solidifying its position as a leading producer of high-quality gems. The company announced the recovery of several impressive stones, including a magnificent 320-carat diamond, a 111-carat gem-quality stone, and two additional …

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Lucara’s Strategic Partnership with HB Antwerp to Revolutionise Stability in a Dynamic Market

In an effort to continue its excellence performance, Lucara Diamond Corp has unveiled a new diamond sales agreement with HB Group based in Antwerp, Belgium, concerning all qualifying diamonds over 10.8 carats from its Karowe Diamond Mine in Botswana. This 10-year partnership promises a pricing structure that combines cutting-edge technology …

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