Search results for 'Diamond'
Companies
Lucara's Underground Challenge: Early Delays and Diamond Pricing Woes Test Expansion Vision at Karowe
According to GlobalData, Botswana is the world's second-largest producer of diamonds, with output of 24,810kct in 2022, up by 8% on 2021. Over the five years to 2021, production from Botswana decrease
May 15, 2023
Botswana
Botswana's Diamond Model: A Blueprint for African Countries Eyeing Gem Success
The multi-year deal between Botswana and De Beers will significantly increase the supply of precious stones to the country. As other African nations, such as Zimbabwe, explore their diamond resources,
Aug 07, 2023
Botswana
Lucara Diamond's Latest 1,080-Carat Discovery Boosts Botswana's Diamond Revenue Prospects
The 1,080.1 carat diamond, measuring an impressive 82.2 x 42.8 x 34.2mm, is a Type IIa top white gem of exceptional quality. Discovered in the Coarse XRT unit at Karowe, the diamond was obtained throu
Aug 09, 2023
Markets
De Beers' Cycle 8 Rough Diamond Sales Reflect Industry Rebalancing and Increased Marketing Investment
De Beers, a subsidiary of global mining company Anglo American, has reported a provisional figure of $200 million for the rough diamond sales value in its eighth sales cycle of 2023. This figure repre
Oct 06, 2023
Botswana
Anglo American Names Matt Walker as CEO of Marketing Business, Peter Whitcutt Steps Down after 33 Years with Company
Anglo American, a global mining company, has announced the appointment of Matt Walker as the new CEO of its Marketing business. This decision comes after Peter Whitcutt, who has been with the company
Oct 13, 2023
Top Stories
USA Proposes to Cut $555 Million to the African Development Fund: Implications for AfDB, Africa’s Development
The Trump administration has proposed to eliminate $555 million in funding for the African Development Fund (ADF), the concessional financing arm of the African Development Bank (AfDB), marks a signif
1 day agoGold Quarterly Snap: China Leads Demand, Jewellery Consumption Hits 35 Billion in Just 3 Months
Global gold demand soared to a record 1,206 tonnes in the first quarter of 2025, the highest Q1 figure since 2016, driven by a 1% year-on-year increase that included over-the-counter (OTC) investment.
1 day ago