Diamond

Botswana Diamonds (BOD), a junior explorer listed on London’s AIM and the Botswana Stock Exchange, has positioned itself as a pioneering, AI-driven minerals exploration company following a recent breakthrough in its search for new diamond and polymetallic deposits. The company’s Managing Director, James Campbell, heralded the use of Artificial Intelligence …

Botswana’s economy is facing a significant downturn, primarily driven by a prolonged slump in diamond sales, the country’s primary export commodity. Finance Minister and Vice President, Ndaba Gaolathe, has warned that the economy could contract by as much as 1.7% this year. This projected contraction would mark Botswana’s worst economic …

Gaborone, Botswana: Botswana is set to establish its own certification point for rough diamonds destined for G7 countries, marking a significant departure from the previously proposed single-node system centered in Antwerp. This move comes after widespread opposition from diamond-producing nations, including Botswana, Namibia, and Angola. The decision follows a joint …

Gaborone, Botswana – De Beers CEO Al Cook has expressed optimism regarding the imminent conclusion of negotiations with the Botswana government on a new diamond sales agreement. Following a meeting with newly elected President Duma Boko, Cook indicated that the deal could be finalized within weeks, rather than months or years. …

Botswana Diamonds has secured a significant foothold in South Africa’s diamond mining landscape, acquiring a prospecting permit for five kimberlites in the historic Marsfontein area. The 900.67-hectare permit encompasses the renowned Marsfontein diamond mine and extends to the company’s Thorny River properties in Limpopo. The company has set its sights …

In a recent announcement, Lucara Diamond Corp. (TSX, BSE, Nasdaq Stockholm: LUC) revealed the sale of its 100% stake in the Clara Rough Diamond Sales Platform to its original founders, led by the HRA Group of Companies and Eira Thomas. Clara is a pioneering digital marketplace that revolutionides the sale …

In a stunning discovery that has captured the world’s attention, Lucara Diamond Corporation has unearthed the second-largest diamond ever found – a colossal 2,492-carat gem from its Karowe mine in northeastern Botswana. This monumental find, which surpasses all diamonds discovered in the 21st century, has reignited interest in the country’s …

Botswana Diamonds (BOD) is betting big on artificial intelligence (AI) to crack open the secrets of its vast mineral-rich territory. The AIM-listed company has embarked on an ambitious project to explore its 95,000 square-kilometre database using cutting-edge AI technology. With a treasure trove of data at its fingertips, including 375,000km …

The local economy is projected to further decelerate this year, the International Monetary Fund announced recently. The projection comes after the IMF team led by Luc Eyraud, Division Chief in the IMF African Department and Mission Chief for Botswana, visited the country and held economic discussions from July 2 to12, 2024. “Looking …

Effective 1 July 2024, Lucara Diamond Corp. has announced the appointment of Dr. Lauren Freeman as Vice President, Mineral Resources. Freeman, a renowned specialist in large Type II diamonds, brings over 25 years of extensive experience in the mining industry. Her expertise encompasses mineral resource estimation, diamond value management, diamond …