Diamond

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 …

Botswana Diamonds has finished its nine-hole drilling program on the South African Thorny River property. The goal was to determine if two kimberlite blows (the River and River Extension blow) might be combined into a single orebody, boosting the overall resource and improving the project’s commercial prospects. A total of …

Gem Diamonds (LON: GEMD), a company focused on Africa, is selling its Botswana subsidiary to Okwa Diamonds, which is owned by Vast Resources (LON: VAST) and Botswana Diamonds (LON: BOD). The mothballed Ghaghoo in central Botswana, which Gem acquired from De Beers in 2007, is Okwa Diamond’s main target. The …

According to figures released by the Bank of Botswana on Thursday, sales of rough diamonds in De Beers’ Botswana unit increased by 41% in the first half of 2021, owing to the reopening of key markets such as the United States and China. Debswana Diamond Company, a joint venture between …

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 …