Diamond

Botswana President Mokgweetsi Masisi has threatened to walk away from talks on the extension of De Beers’ mining rights in the country unless it got a larger share of revenues. However, De Beers is confident of maintaining its long-standing partnership with Botswana, a company official said recently, but said some …

Namibia’s state-owned railway company TransNamib plans to shift coal exports from Botswana off the road and onto rail by early this year, potentially doubling exports via Walvis Bay port, its CEO said. Land-locked Botswana has sought alternative routes to export its coal as disruption to South Africa’s railway lines impact …

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 …