Diamonds Are Not For Ever- IMF Tells Botswana
The International Monetary Fund (IMF) has advised Botswana to come up with a raft of initiatives in order to move…
Debswana
De Beers’ Third Sight Of 2016 Generates $660 Million
De Beers said there is a growing diamond demand this year as compared to the close of 2015—with the Anglo…
Debswana Drags Down Anglo Diamond Output in Q4 2015
Global diversified mining group, Anglo American plc said its diamond production decreased by 16% to 7.1 million carats in the…
De Beers Rakes US$540 Million From Cycle 1 Of 2016
De Beers said its first rough diamond sales of year improved dramatically from the last sight of 2015 buoyed by…
Botswana Economy In Technical Recession
The Botswana economy has gone into a recession as sluggish diamond industry led to contraction in Gross Domestic Product (GDP)…
Debswana Revises 2016 Production To 20 million Carats
De Beers said its Botswana unit; Debswana has slashed production guidance for next year as demand for rough diamonds continues…
De Beers’ Shareholder Forum To Discuss Falling Prices
Botswana government has confirmed that deteriorating prices of rough diamonds will be on the agenda when shareholders of the mining…
Debswana Takes Security Of Diamonds Seriously- MD
The Managing Director of Debswana, Balisi Bonyongo said his company places high value on the security of diamonds because of…
Anglo American Says Diamond Demand To Remain Weak
Anglo American, the parent company to De Beers has warned that diamond demand will continue to remain soft but suggested…
Namibia/ De Beers Strike Botswana Like Diamond Sales Agreement
Nambia and De Beers have concluded a new 10 year sales agreement that is modeled on the similar one that…