Amazon and De Beers are betting that custom-made gems could could help revolutionize computer networks. 

The 10.57-carat diamond also carries the highest price per carat estimate placed on any rock or gemstone ($3.3 million).

Marsfontein is serving as a proof-of-concept trial project, which will help improve operations at the miner's flagship Thorny River project.

Botswana will take a 24% stake in Belgian gem processing firm HB Antwerp.

The Africa-focused emeralds and rubies miner posted a 2022 revenue of $341 million, a 32% increase from the previous year.

Burgundy Diamond Mines is buying Arctic Canadian, owner of the Ekati mine, to become one of the world’s biggest diamond operations.

Three-quarters of Debswana's production, which was 24 million carats in 2022, is sold to De Beers.

In 2023, Botswana expects diamond output to decline by 1%.