Diamond

Okavango Diamond sells $900m worth of rough diamonds

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 …

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Botswana Diamonds assessing mining options in SA

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 …

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Botswana’s blue diamond to exhibit at AMNH

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 …

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Strong production, high volume of ‘specials’ and combined innovative approach strengthened the market for diamond jewellery-Lucara CEO

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 …

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Botswana Diamonds seeks to improve its commercial prospects at Thorny River property

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 …

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Okwa Diamonds purchases Ghaghoo Mine from Gem Diamonds

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 …

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Sales of rough diamonds in Botswana increase by 41%

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 …

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Botswana has unearthed third-largest 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 …

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High gem-quality diamond discovered at Jwaneng

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 …

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Debswana Diamond underground mine set to be operational in 2034

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 …

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