Botswana

De Beers’ Rough Diamond Sales Fall 31%

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Editor’s NoteThis article highlights a significant downturn in De Beers’ rough diamond sales, reflecting broader market uncertainties. The figures…

Ban on Russian Diamonds, a Weighty Decision

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Editor’s NoteThis article examines the G7’s 2024 decision to ban Russian diamond imports, a move aimed at weakening a key revenue stream for Moscow…

【Kimberley, S】Plunge in Diamond Prices Puts Market Leader De Beers in Distress

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Editor’s NoteThe diamond industry is undergoing a profound transformation. As this article details, the era of predictable prices and market control…

【Botswana】Diamonds: Botswana Concludes New Agreement with De Beers

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Editor’s NoteThis article outlines Botswana’s new 10-year diamond sales agreement with De Beers, a strategic move to stabilize revenues. The initial…

【Gaborone, Bo】Botswana to Drive Digitalization of Diamond Industry, Says President

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Editor’s NoteAs the world’s largest diamond producer by value, Botswana faces a pivotal moment. President Masisi’s call for technological investment…

“Diamond Plunge Must Be Stopped”… Industry Cuts Supply [Raw Material Focus]

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Editor’s NoteMajor diamond producers are taking deliberate steps to curb supply in an effort to stabilize global prices, as reported by Bloomberg….

【Botswana】Botswana’s Diamond Trade: An Increasingly Lucrative Business in One of the World’s Most Unequal Countries

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Editor’s NoteThis article details Botswana’s landmark renegotiation of its diamond revenue agreement with De Beers, a significant shift in the…

【Antwerp, Bel】”Shut Up!” – A Belgian Diamond Startup Stirs Up the Industry and Faces Resistance

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Editor’s NoteWhile Botswana has famously avoided the “resource curse” that plagues many commodity-rich nations, the global diamond industry itself is…