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 …

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 …

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 …

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 …

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 …

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 …

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 …

In a dramatic escalation of the global scramble for control of De Beers, Angola’s state-owned diamond company, Endiama, has submitted a formal bid for Anglo American’s majority stake in the legendary producer. This move represents a significant shift from Endiama’s earlier interest, which centered on acquiring only a minority share. …

The state-owned Okavango Diamond Co. (ODC) has made a “prudent decision to withhold” nearly one million carats of rough diamonds after an ad-hoc auction failed to meet its reserve price, signaling the government’s refusal to concede to falling global prices. The late September “closed” tender, which saw no gems sold, …

Anglo American has signaled a highly unconventional sale process for its 85% stake in De Beers, placing the Government of Botswana at the center of negotiations with prospective buyers. The move, confirmed by Anglo American CEO Duncan Wanblad at the FT Metals and Mining Summit, is aimed at securing an …