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
Old Wine in New Bottles: Gvt Imposes ZiG 200k Fine for Violating Formal Market Rate Pricing
The introduction of the ZiG currency in Zimbabwe's ongoing currency struggle has been met with a wave of pessimism, much like its predecessor, the Zimbabwe Dollar. In just a month since its inception,
1 day agoZimbabwe’s Maize Harvest Plummets 70% Accelerating Hunger Fears: Immediate Implications
Zimbabwe is facing a dire agricultural crisis as the Ministry of Agriculture reports an estimated staggering 70% decrease in maize harvest for the farming season 2023/2024 compared to the previous sea
May 09, 2024