Diamond

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 …

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 …

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 …

Botswana Diamonds (BOD), an Aim-listed company, says it had a busy six months ending December 31, 2020, with significant progress on its diamond production ventures in Botswana and South Africa. A new diamond-bearing kimberlite was discovered at the company’s Thorny River project in South Africa, which was one of the …

Due to the encouraging demand for diamonds since the beginning of the year, blue chip diamond company De Beers Group is optimistic that its business will rebound this year compared to 2020. While reporting the Group’s 2020 financial results, De Beers Executive Vice President Diamond Trading, Paul Rowley, stated that …

As a matter of urgency, Botswana must diversify into resources such as coal and base metals after a difficult year sapping government revenue for diamonds, Botswana’s President Mokgweetsi Masisi said on Wednesday. The Covid-19 pandemic has exacerbated the diamond sector’s vulnerability, which accounts for 80% of Botswana’s export earnings. “Overdependence …