Botswana mine – Page 2

Botswana aims to negotiate bigger stake in HB Antwerp diamond dealer

Botswana intends to renegotiate its proposed purchase of a stake in Belgian gem dealer HB Antwerp to double the size of its shareholding

Botswana’s diamond market suffers major blow as sales drop by 49% in first half of 2024

According to Botswana’s central bank data, sales of rough diamonds at Debswana Diamond Company fell by 49.2%

Botswana Diamonds expands its land holdings in the Kalahari

Diamond exploration company Botswana Diamonds has been granted four prospecting licences – covering just under 2 332 km2 – in the Kalahari of Botswana. The prospecting licences are in the same general area as Gem Diamonds’ Ghaghoo mine, as well as Botswana Diamonds’ own KX36 project. “I am pleased that we have been awarded these … Read more

HB Antwerp co-founders clash over gem trader’s future as Botswana deal looms

Diamonds are for now: Botswana reach new deal with De Beers

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.

Botswana president insists on bigger share of diamonds from De Beers venture

Botswana and De Beers mine the precious stones through their equally owned, 54-year-old mining venture

HB Antwerp Invests in Botswana’s Young Diamond Talent

HB Antwerp has announced a partnership with Botswana to foster a new generation of diamond talent.

Botswana’s diamond trade is expected to depreciate due to reduced demand

Trading in diamonds increased 41% in the last year, with Botswana also benefiting from Western consumers avoiding Russian stones as a result of its invasion of Ukraine.

Botswana Has the World’s Two Richest Diamond Mines

A new list names the Jwaneng diamond mine, in Botswana, as the world’s richest diamond mine.

Lucara Sales Fall Amid Lack of High-Value Diamonds

Lucara Diamond Corp.’s sales dropped in the third quarter as the company supplied fewer large and expensive stones from its lucrative Karowe mine in Botswana. Revenue fell 31% year on year to $49.9 million, while net profit slumped 86% to $1.8 million, Lucara reported Wednesday. Sales of rough from Karowe declined 36% to $46.5 million, … Read more