De Beers seals sales and mining contract with Botswana

De Beers, the world’s leading diamond producer by value, has concluded negotiations with the Botswana government on a new sales agreement and the extension of mining licenses for their joint venture, Debswana, until 2054.

US$15 million in diamonds stolen in Namdia heist

brazen diamond robbery at Namibia Desert Diamonds (Namdia) early on Saturday evening and involving what is suspected to be the company’s largest-ever consignment of precious stones received, has resulted in two fatalities and two arrests.

14% Surge in Jewelry Sales at Richemont

Richemont, the Swiss luxury goods conglomerate, saw jewelry sales from its Cartier, Van Cleef & Arpels,Vhernier and Buccellati jewelry maisons surge by 14 per cent in the last three months, in what it said was a “very solid end to the calendar year”. Its eight watch brands, including A. Lange & Sohne, Baume & Mercier, … Read more