Ban on Russian diamonds may Benefit Synthetics
Gaborone: Botswana, Africa’s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country’s
Gaborone: Botswana, Africa’s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country’s
Gaborone: Botswana, the world’s top diamond-producing country by value, saw Q2 sales fell down by almost two-thirds because of coronavirus. Pandemic-related travel bans and reduced outputs resulted
Gaborone: Debswana, De Beers’ Botswana joint venture, has launched a new project set to extend the life of its Jwaneng mine until 2035. The Cut-9
Gaborone: De Beers reported a five percent rise in rough diamond production for the fourth quarter of 2017 to 8.1 million carats, reflecting stronger trading
Johannesburg: Global rough-diamond production fell by value for the second consecutive year as output declined in the two largest producer countries, according to data the
Gaborone: Botswana’s gross domestic product (GDP) grew 4.3% in 2016, mainly due to an improvement in the nation’s diamond trade, the Bank of Botswana said
Gaborone: Botswana has defended its silence on “mega” diamond mining deals saying that “no country signs transparent agreements”. Reuters recently quoted World Bank Group consultant
Gaborone: Botswana is set to introduce a Special Economic Zone (SEZ) near the Sir Seretse Khama International Airport outside Gaborone, where the relocated Diamond Trading
Gaborone: Botswana’s rough diamond shipments increased 2.5% to $849.6 million in the first quarter, reflecting higher sales at De Beers, according to recent data from
Gaborone: Standard & Poor’s (S&P) maintained its negative outlook for Botswana last week due to the country’s continued reliance on the diamond sector. While diamonds
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