Diamonds are for now: Botswana reach new deal with De Beers
- 02-Jul-2023
GABORONE, Botswana: Botswana has reached an eleventh-hour deal with diamond giant De Beers after months of tense negotiations that saw the continent’s top producer threatening to cut ties with the storied company. The Botswana government and Anglo-American, the majority owner of De Beers, have reached an “agreement in principle”, the two sides said in a […]
Botswana intent on selling more diamonds without De Beers
- 10-Mar-2023
Botswana will not drop its demand to sell a bigger share of the diamonds produced by its joint venture with De Beers, President Mokgweetsi Masisi said on Thursday, raising the stakes in talks to renew a sales deal that expires in June. Botswana and De Beers mine diamonds under an equally-owned joint venture, Debswana. Three-quarters […]
Police uncover diamond theft gang
- 10-Jun-2019
Alrosa, the world’s largest producer of rough diamonds in carat terms, confirmed that security services had uncovered an ongoing diamond theft ring
Diamond magnate’s rare stone to be auctioned in Geneva
- 16-May-2016
SWITZERLAND: A 14.62-carat blue diamond owned by an architect of the modern diamond industry could fetch a record price at this week's Magnificent Jewels auctions in Geneva.