Botswana and De Beers have officially signed a long-awaited diamond sales agreement, months after the initial deadline for renewal in June 2023. Botswana’s newly elected president, Duma Boko, confirmed that the deal was finalized on January 24, as reported by Bloomberg. Speaking at an energy conference in Dar es Salaam, Tanzania, Boko stated, “The issue […]

The post Botswana and De Beers Seal Landmark Diamond Agreement appeared first on The Jewelry Magazine.

Al Cook, CEO of De Beers Group and Gina Drosos, CEO of Signet Jewelers came together in Botswana this week to meet with their local teams in Botswana and discuss future collaboration opportunities to promote the beauty and benefits that come from natural diamonds. Their teams in Botswana shared first hand, advancements, as well as […]

The post De Beers & Signet CEOs Meet In Botswana appeared first on The Jewelry Magazine.

De Beers aims to hold Sights outside Botswana until travel restrictions brought in to counter COVID-19 are eased. Its third Sight of the year, in March, was canceled and the fourth, in May, was virtually wiped out by travel restrictions. The next is scheduled for 15 to 19 June in Gabarone, the country’s capital. But […]

The post De Beers Could Hold Sights Outside Lockdown Botswana appeared first on The Jewelry Magazine.

Letlhakane, Botswana—Lucara Diamond Corp. announced last Thursday that it found a 1,758-carat piece of rough at the same mine where it recovered the 1,109-carat Lesedi La Rona. Discovered over Easter weekend, the huge stone is still being analyzed, but Lucara described it as being “near-gem of variable quality,” meaning it is an industrial diamond with […]

The post Botswana’s Karowe Mine Yields Another Huge Stone appeared first on The Jewelry Magazine.

Lucara Diamond Corp. has recovered an astonishingly large diamond – 1,758 carats – from its Karowe Diamond Mine in Botswana. One of the largest diamonds in recorded history and the largest diamond ever recovered in Botswana, it may not be an immensely valuable clear white Type IIa beauty the miner is famous for – such […]

The post Lucara Recovers Second Largest Diamond in History: 1,758 Carats, Near-Gem Quality appeared first on The Jewelry Magazine.

De Beers Group announced yesterday it would start providing enhanced transparency regarding diamonds purchased from its Sight sales by introducing a “diamonds from DTC” (DTC = Diamond Trading Company) source of origin claim. Diamonds from the DTC come from mines and recovery areas in Botswana, Canada, Namibia and South Africa. The idea is to support […]

The post De Beers Launches Provenance Initiative to Enhance Transparency appeared first on The Jewelry Magazine.

Botswana Diamond’s Interim Statement and Financial Results for the six months ended December 31, 2018, shows that the Company is gearing up to commence production at the Thorny River project in South Africa by mid-2019.  “The development of the Thorny River diamond dyke project is underway,” the Company said.  “A mining contractor has been appointed. […]

The post Botswana Diamonds on Track to Commence Production at Thorny River Project by Mid-2019 appeared first on The Jewelry Magazine.