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Jwaneng
De Beers Converting Facilities to Help Virus Effort
De Beers is using its mining sites in Botswana and its technology production center in the UK to help the fight
News Apr 06, 2020 Rapaport News
Karowe
Lucara May Struggle to Hold Botswana Sales
The coronavirus outbreak has threatened Lucara Diamond Corp.’s ability to hold tenders in Botswana, and had a heavy
News Apr 01, 2020 Rapaport News
De Beers Orapa mine
Market Slump Prompts Botswana Downgrade
S&P Global Ratings has lowered Botswana’s credit rating, citing weaker diamond revenues because of the current
News Mar 30, 2020 Rapaport News
Namdeb employee sorting through rough diamonds.
De Beers Cancels March-April Sight
De Beers has called off this week’s sight in Botswana, citing restrictions resulting from measures to contain the
News Mar 30, 2020 Rapaport News
Rough diamond
De Beers Enables 100% Deferrals at March Sight
De Beers is allowing sightholders unlimited deferrals at its upcoming rough-diamond sale as manufacturing closures have obliterated demand, market
News Mar 26, 2020 Joshua Freedman
De Beers Botswana
De Beers Sight Still On Despite Travel Ban
De Beers’ upcoming sight in Botswana will still take place despite the country’s ban on arrivals from the
News Mar 18, 2020 Joshua Freedman
Jwaneng
Botswana Mining Decline Hits GDP Growth
Botswana’s economic growth slowed last year due to lower rough production, further aggravated by weakness in its diamond-manufacturing
News Mar 04, 2020 Rapaport News
De Beers
De Beers Sales Rise to Nine-Month High
De Beers’ January rough-diamond sales reached their highest level since last April as post-holiday stock replenishment boosted
News Jan 29, 2020 Rapaport News
De Beers rough
De Beers Plans Overhaul of Supply Policy
De Beers plans to abandon its practice of using sightholders’ purchase history as the main factor in determining how it allocates
News Jan 23, 2020 Joshua Freedman
Sewelo diamond
Louis Vuitton Buys 1,758ct. Diamond from Lucara
Lucara Diamond Corp. has sold Botswana’s largest diamond to Louis Vuitton in a rare move that will see
News Jan 16, 2020 Rapaport News
Lucara
Lucara Tender Beats Expectations
Lucara Diamond Corp. achieved higher sales than it expected at its final tender of the year as market stabilization
News Dec 19, 2019 Rapaport News
De Beers sightholder
De Beers Ends Special Supply Measures
Rough-diamond buyers are anticipating an improvement in sales at next week’s De Beers sight, as the miner is withdrawing concessions that
News Dec 05, 2019 Joshua Freedman
Analyzing rough at KGK Botswana
Rough Market Picks Up at De Beers Sight
De Beers’ November sales totalled $390 million, the highest for five months, as the rough market stabilized
News Nov 13, 2019 Joshua Freedman
De Beers rough
De Beers Reduces Prices at November Sight
Sightholders welcomed De Beers’ decision to lower prices at this week’s rough-diamond sale, but noted that further discounts
News Nov 06, 2019 Joshua Freedman
De Beers
De Beers Slashes Output Amid Diamond Glut
De Beers’ production dropped in the third quarter as the miner responded to a decline in rough demand that has left
News Oct 22, 2019 Rapaport News
De Beers sight box
De Beers Sales Sink to Lowest Level Since 2015
De Beers’ rough-diamond sales plummeted 53% this month as customers accepted the miner’s offer to defer purchases until
News Jul 30, 2019 Joshua Freedman
Large Canadian rough diamond in palm of hand, GSS
Diamond Glut Prompts De Beers to Slash Production
De Beers has lowered its production forecast for this year, noting that weakness in the diamond trade
News Jul 18, 2019 Rapaport News
Rough diamonds
Global Diamond Production Value Rises
Global rough-diamond output grew 2% to $14.47 billion last year, reflecting higher production in Botswana, according to data the
News Jul 07, 2019 Rapaport News
Was Vegas Worth the Gamble
Was Vegas Worth the Gamble?
As rain fell for about five minutes on the typically sunbaked Las Vegas strip on the opening day
News Jun 13, 2019 Avi Krawitz
Mahiar Borhanjoo
Venus Jewel Exec to Join DFL Group
Mahiar Borhanjoo is set to leave Venus Jewel International to become CEO of the DFL Group, the company behind
News Jun 02, 2019 Rapaport News
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