Botswana partners with gem trader HB Antwerp, seeks to loosen De Beers’ grip

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

Reuters | March 27, 2023 | 8:26 am

Gemfields shares jump on record revenue for 2022

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

Cecilia Jamasmie | March 24, 2023 | 7:12 am

Burgundy buys Canada’s largest diamond operation

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

Staff Writer | March 14, 2023 | 8:28 am

EV batteries get some bling

A new EV battery uses diamonds to harvest energy.

Staff Writer | March 13, 2023 | 7:25 am

Botswana intent on selling more diamonds without De Beers

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

Reuters | March 9, 2023 | 10:45 am

Botswana mining growth seen flat amid dim diamond outlook

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

Reuters | March 1, 2023 | 7:41 am

Quest for world’s biggest diamonds gives De Beers a headache

To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds.

Bloomberg News | February 28, 2023 | 8:04 am

Gemfields reports updated ‘G-Factor for Natural Resources’ figures

Measure promotes greater transparency around the level of natural resource wealth shared with the governments of host countries.

Staff Writer | February 24, 2023 | 11:26 am

Rio Tinto to spend $40m on Diavik diamond mine expansion

The approved first phase of the expansion project will extend Diavik’s productive life to at least early 2026.

Cecilia Jamasmie | February 23, 2023 | 8:53 am

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Lucara Diamond unearths over 530-carats at Karowe mine in Botswana

Diamond, niobium play key role in development of quantum detection devices

Lucara Diamond revives sales deal with gem trader HB Antwerp

Tiny diamond-tin-filled device could jumpstart work toward quantum internet

New method could simplify detection of diamond deposits

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