Diamond

Botswana and De Beers are working out the “finer” details of a new diamond-sales pact and the southern African nation’s government is confident a deal will be struck, President Mokgweetsi Masisi said. An initial ten-year agreement governing terms for the sale of diamonds produced by Debswana Diamond Co — a …

Botswana Diamonds (BOD), a company with dual listings, has added to its position in the potential Maibwe joint venture (JV) in Botswana. Siseko Minerals has expanded its ownership of the JV from 29% to 50%. 51.7 percent of Siseko is owned by BOD. Siseko is required to pay P411 800 …

The current deal between the Botswana government and diamond miner De Beers Group for the selling of Debswana’s supply of rough diamonds has been extended by 12 months until June 30, 2023. The two sides have agreed to the one-year extension to permit the completion of the continuing discussions, De …

President Masisi of the Republic of Botswana and the First lady, together with the Minister of International Affairs and Cooperation, Mr Kwape, and the Minister of Minerals and Energy, Mr Moagi, visited the Antwerp World Diamond Centre. Botswana is the second-largest diamond-producing country in the world and has continuously strengthened …

Botswana, Africa’s top diamond producer, believes a prolonged ban on Russian diamonds will allow synthetic gems to gain market share, according to the country’s minister at a mining conference recently. In April, the United States, the world’s largest market for natural diamonds, imposed sanctions on Russia’s state-controlled Alrosa, aiming to …

Botswana Diamonds’ Thorny River property in South Africa’s Limpopo province has been evaluated for the possibility of developing a diamond mine, according to the company. According to the London-Aim and Botswana Stock Exchange-listed company, the analysis indicates potential opencast options. According to Botswana Diamonds chairperson John Teeling, the evaluation shows …

Okavango Diamond Company sold $963 million of rough diamonds last year, this is according to Dennis Tlaang, a company spokesman who also added that the revenue was the most since the company began operations in 2012, he said. The sales are reportedly Botswana’s state-run record revenue with sales surging almost …

Botswana Diamonds has revealed that it is now assessing mining options for the complex, located in South Africa’s northern Limpopo province, adding that it hasn’t yet assessed the potential diamond grade. Shares in Botswana Diamonds soared on Wednesday after the company revealed that its Thorny River project in South Africa …

A virtually flawless 20-carat blue diamond from Botswana is featured in a new exhibit at the American Museum of Natural History. The Okavango Blue Diamond, together with hundreds of unpolished natural diamonds, was exhibited at the Mignone Halls of Gems and Minerals on Wednesday as part of a new exhibit …

In the third quarter ended September 30, diamond miner Lucara Diamond Corp’s Karowe mine in Botswana produced 97 412 ct of diamonds, compared to 88 909 ct in the third quarter of 2020. There were 212 “special” diamonds totalling more than 10.8 ct in the production. The recovery of four …