Diamond

Debswana, a Botswanan diamond company, announced the discovery of a 1,098-carat stone, the world’s third-largest of its kind. The stone, discovered on June 1, was presented to President Mokgweetsi Masisi in Gaborone on Wednesday. “It is believed to be the third-largest gem-quality find in the world,” said Debswana Managing Director …

Debswana has announced discovery of a rare 1,098 carat high gem-quality diamond at Jwaneng Mine. According to the company, the diamond is the largest discovered in Debswana’s history and one of the largest known discoveries of a gem-quality diamond anywhere in the world. “The historic discovery was made at Jwaneng …

Debswana Diamond transformation and innovation head Thabo Balopi has revealed that full production at the underground mine set to be constructed is expected by 2034. With an annual production capacity of as much as nine million carats (Mct), the underground mine is expected to extend the lifespan of Jwaneng by …

Botswana Diamonds (BOD), an Aim-listed company, says it had a busy six months ending December 31, 2020, with significant progress on its diamond production ventures in Botswana and South Africa. A new diamond-bearing kimberlite was discovered at the company’s Thorny River project in South Africa, which was one of the …

Due to the encouraging demand for diamonds since the beginning of the year, blue chip diamond company De Beers Group is optimistic that its business will rebound this year compared to 2020. While reporting the Group’s 2020 financial results, De Beers Executive Vice President Diamond Trading, Paul Rowley, stated that …

As a matter of urgency, Botswana must diversify into resources such as coal and base metals after a difficult year sapping government revenue for diamonds, Botswana’s President Mokgweetsi Masisi said on Wednesday. The Covid-19 pandemic has exacerbated the diamond sector’s vulnerability, which accounts for 80% of Botswana’s export earnings. “Overdependence …

Botswana Diamonds has revealed that the acquisition of Sekaka, the exploration vehicle belonging to the embattled rival Petra Diamonds (LON: PDL) and holding three prospecting licenses in the Central Kalahari Game Reserve of the world, had been completed. Sekaka had identified the KX36 kimberlite pipe in one of its licenses, …

Botswana Diamonds has reported that the Sekaka Prospecting License holding the KX36 high-grade kimberlite pipe has been extended to 30 September 2022 for a further two years. It also emerged that all the requirements for the acquisition of Sekaka Diamonds, as previously announced on 20 July 2020, have now been …

AIM and BSE-listed diamond explorer Botswana Diamonds say a number of geophysical techniques and technologies were applied including gravity, electromagnetics, magnetics and ground-penetrating radar at Marsfontein project in South Africa. D Drilling has commenced on the Thorny River and Marsfontein project areas in South Africa, out of the ten areas …

Botswana Diamonds has drilled two holes at depths of 67 m and 61 m, respectively, with one of them intersecting 4 m of kimberlite from about 54 m to 58 m depth at its Marsfontein project, in Botswana. The objective of the company’s latest drilling campaign was to test a …