Diamond

Botswana Joins the WFDB and Brings 60 Year Diamond Story to the Global Trade Table – Updates

Sixty years of diamond leadership reached a new milestone on 18 May 2026, when Botswana was officially admitted as a member of the World Federation of Diamond Bourses (WFDB) at a landmark summit held at the historic Orapa House in Gaborone. The membership, announced by Minister of Minerals and Energy …

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Botswana’s Diamond Downturn Exposes a Bigger Continental Risk

A garment entrepreneur in Gaborone, BLESEDI (not her real name),represents a growing strain beneath Botswana’s long-standing reputation as Africa’s model of resource-led stability. Her factory floor has been quiet for months. Orders have been absent since around October last year as the business went through a cost-cutting transition, leaving production …

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Diamond Dependency Lays Bare as Economy Shrinks

Botswana’s economy contracted 5.4% in year-on-year terms in the fourth quarter of 2025, with a catastrophic decline in mining output exposing the full cost of the country’s reliance on a single commodity. Statistics Botswana data released recently showed the mining and quarrying industry recorded a 47% decrease in value added …

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Karowe Stockpiles Deliver Rare Blue Diamond

Lucara Diamond Corp. has recovered a 36.92-carat high-quality blue Type IIB diamond from its Karowe Mine in Botswana, this time not from fresh ore but from surface stockpile material, underscoring the untapped value of legacy resources. According to President and CEO William Lamb, the recovery reflects the “special nature” of …

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Botswana Takes Its Diamond Story to the World’s Biggest Market

The Minister of Minerals and Energy Bogolo Joy Kenewendo has concluded a week of high-level engagements in New York aimed at reinforcing Botswana’s standing as the world’s leading source of responsibly mined natural diamonds and deepening ties across the global jewellery industry. The United States is the single largest and …

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Copper Takes the Lead as Botswana Diamonds Rebrands

Botswana’s mining shift toward energy-transition metals gathered pace this week as junior explorer Botswana Diamonds Plc officially rebranded to Botswana Minerals Plc, signalling a decisive pivot from diamonds to copper and battery-linked minerals. The London AIM and Botswana Stock Exchange-listed company said the name change, effective 27 February 2026, reflects …

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Botswana Diamonds Take the Spotlight at Super Bowl LX

Bad Bunny’s half-time performance at Super Bowl LX wasn’t just a showstopper, it was a stage for Botswana’s diamonds. The artist wore a marquise-cut Desert diamond in honey tones, set in yellow gold, highlighting stones sourced from one of the world’s premier diamond producers. Designer Marvin Douglas explained, “I wanted …

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Africa Unites to Defend Natural Diamonds

Namibia has officially joined a growing African alliance to defend and reposition natural diamonds on the global stage, throwing its weight behind a bold continental strategy to future-proof the industry. At Mining Indaba 2026 in Cape Town, Namibia signed the Luanda Accord, aligning with Angola, Botswana and the Democratic Republic …

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Recovery Stalls as Diamond Stockpile Hits 12 Million Carat Peak

By : Tshepo Donald  Botswana’s bid to revive its flagging economy has hit a significant roadblock as the national diamond inventory has surged to nearly double its target level. Botswana, which ranks as the world’s second-largest diamond producer after Russia, held a staggering 12 million carats in its vaults at …

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How and Where to Own a Piece of Botswana’s Treasure

Botswana’s world-class diamonds are not just for investors or big industry players but they are also accessible to the public. Locals and visitors can legally purchase these precious gems through licensed retailers, authorised jewellery outlets and beneficiation companies across the country. While rough diamonds are sold through regulated channels, Botswana …

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