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BOTSWANA DIAMOND INDUSTRY
De Beers sale: Anglo American picks preferred bidder for companyAnglo American has chosen a consortium led by Gareth Penny as the preferred bidder. This group, known as Global Diamond Consortium, emerged...
Natural diamonds, real change: Driving sustainable impact in IndiaThe diamond industry is prioritizing sustainability, with India leading the charge by integrating a fifth 'C' – conscience – alongside trad...
Botswana, South Africa launches citizenship program to boost country's economyBotswana announced a new citizenship-by-investment program to diversify its economy, heavily reliant on diamonds, which are experiencing a ...
Empty offices, lost orders: India's diamond hub stands idle as steep US tariffs loomThe Surat Diamond Bourse, intended to be a hub, is struggling. Weak Chinese demand and potential US tariffs are hurting India's diamond exp...
Could this 2,492-carat diamond from Botswana be worth $160 million? Here’s all you need to knowThe discovery of a remarkable 2,492-carat diamond in Botswana has generated a lot of attention. Experts believe it might be worth up to $16...
2,492-carat diamond, one of the world's largest, discovered in BotswanaLucara Diamond Corp. has discovered a massive 2,492-carat diamond at its Karowe mine in Botswana, one of the largest ever found. Detected u...
Demand for diamonds hit in key consuming markets but India performing well: De Beers’ Paul RowleyLower disposable income is affecting the demand for diamond jewellery in key consumer markets. De Beers expects the situation to improve on...
G7 has no problem with India buying Russian diamond, but there's a catchThe communication is a breakthrough for domestic diamantaires as G7's sanctions on Russian stones have been a setback for the nearly 1.5 mi...
US boycotts conflict diamond meetings chaired by RussiaThe Kimberley Process, set up in 2003, is an 85-nation body that certifies rough diamond exports and monitors members' implementation of re...
Indian EVMs cause furore in BotswanaDiamond-rich Botswana is seeing heated political debates over using EVMs imported from India. The Election Commission is facing questions o...
Diamond hunters like BHP Billiton and others give up search for gems hard to findMore than $7 billion has been plowed into the hunt for the gem since 2000, according to De Beers, and the results have been meagre, with no...
Ebola outbreak dulls diamond industryWith some 1,400 people dying from the deadly hemorrhagic virus in West Africa, the diamantaires have halted their visits for the past coupl...
- Diamond houses keep fingers crossed after change of guard at De Beers
The buyers quietly pick the boxes and take flights back to Mumbai or Antwerp, where the stones are cut and polished by skilled craftsmen.
'India, China still have good demand for diamonds'Diamond industry has hope even though the slowdown world over is clobbering businesse. While the effects can be seen temporarily through lo...
- Diamond cos head to Africa for direct sourcing
Antwerp could be passé! India has decided to look at Africa for direct sourcing of rough diamonds.
- Bumpy road ahead for diamond players
The recent decision of Diamond Trading Company (DTC), the distribution arm of De Beers Group, to remove several Indian companies from its l...
- Several Indian cos out of DTC ‘sight’
Diamond Trading Company (DTC), the distribution arm of the De Beers Group, has lopped off a number of Indian companies from the list of sig...
- Suashish Diamond to set up unit in Botswana
An Indian diamond company, Suashish Diamond (SDL), is setting up a $60-million diamond cutting and polishing centre in Botswana, currently ...
- S Africa's export duty on rough diamonds may hit Indian traders
South Africa’s plan to change the laws governing its diamond sector, including the proposed export duty on rough diamonds, has become a maj...
- Africa set to blood diamond Opec
A group of 18 African nations producing diamonds have come together to form the African Countries Diamond Producers Association (ADPA) head...