Botswana Diamonds raises £250k to fund exploration, progress SA bulk sampling

Botswana Diamonds has raised £250,000 before expenses through the placing of 50 million new ordinary shares to fund its operations in in Botswana and South Africa.

19 july 2019

China reports a 3.5% rise in 1H jewellery sales

China’s the National Bureau of Statistics has revealed that jewellery sales in China rose 3.5 per cent year on year during the first half of 2019.

19 july 2019

De Beers lowers production guidance as Q2 output drops 14% to 7.7Mcts

Anglo American has revised downwards the production guidance of De Beers for the year to about 31 million carats from the previous range of 31-33 million carats, in response to weaker trading conditions.

19 july 2019

Synthetic diamonds do not inspire jewelers – CEO of De Beers Jewellers

Synthetic diamonds, unlike natural, do not inspire jewelers to creativity, says François Delage, CEO of De Beers Jewellers.

19 july 2019

ZCDC mulls lifestyle audit of employees following diamond robberies

The Zimbabwe Consolidated Diamond Company (ZCDC) is set to audit the lifestyle of its employees following diamond robberies in Marange, a local weekly reports.

19 july 2019

Masisi / De Beers tension escalates to new high

01 july 2019
(Sunday Standard) - The tension between President Mokgweetsi Masisi and De Beers group has reached a near boiling point with the recent firing of the government diamond valuator. The Botswana government diamond valuer who is a British national and was believed to be a De Beers Trojan horse showed up for work at Diamond Trading Company Botswana (DTCB) two weeks ago only to find his access card had been de-activated. The dramatic firing of the government valuer marked the highest water mark so far in the shareholder tension that has been simmering between the Botswana government and De Beers in the wake of the super exceptional 41 carat blue diamond discovered at the Debswana Orapa Diamond Mine towards the end of 2018.