Gaborone: Standard & Poor’s (S&P) affirmed Botswana’s credit rating and gave the country a negative outlook, reflecting the risks over the next 12 to 18
Gaborone: Botswana’s rough diamond exports continued a retreat in August, underlining the country’s need to diversify its economy as it celebrates 50 years of independence.
Gaborone: The Overseas Private Investment Corp. (OPIC), a financial institution run by the U.S. government, has signed a $125 million loan guaranty meant to help
Moscow: Russia extended its lead over Botswana as the world’s largest rough diamond producer, according to data released by the Kimberley Process (KP). Russia’s output
Gaborone: A young man, just months into his apprenticeship at a mine uncovered the ‘diamond of the century’ which is now set to be auctioned
Gaborone: The Standard & Poor’s Ratings Services (S&P) has revised downwards its outlook on Botswana to negative from stable, while affirming its ‘A-/A-2’ long- and
Gaborone: De Beers reported rough diamond sales increased to $610 million in the second cycle of 2016 as demand continued to show signs of improvement.
Gaborone: Diamond exports from Botswana mines fell 38 percent to a seven-year low in 2015 as a slump in global market impacted both demand and
Gaborone: Botswana’s diamond mining giant, Debswana, is closing its Damtshaa mine, and will scale down production at Orapa No.1 operation for the next three years
Vancouver: Lucara Diamond Corp. has announced the recovery of a 1,111 carat gem quality, Type IIa diamond. According to their press release, “The magnificent stone,
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