HB Antwerp to Cut Lucara’s 1,094 carat Rough Diamond
The 1,094-carat Seriti diamond recovered last September from Lucara’s Karowe mine, in Botswana, is now in Belgium, where it will be cut by HB Antwerp as part of an ongoing partnership.
Environmental Backlash over Diamond Foundry Factory
Diamond Foundry, which has just opened a lab grown factory in Trujillo, western Spain, is facing an environmental backlash over claims it uses more water than the entire 8,500-population town where it is located.
Botswana, De Beers sign overdue diamond deal
Botswana’s government signed on Tuesday a long-delayed diamond mining and sales agreement with Anglo American unit De Beers, the world’s leading diamond producer by value.
Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers
Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it’s trying to restructure.
Duffy resigns as Petra CEO, interim revenue knocked by market weakness
Independent mining group Petra Diamonds, which owns and operates diamond mines in South Africa
Botswana’s central bank left its main lending rate
The Bank of Botswana held its Monetary Policy Rate at 1.90% for the second policy meeting in a row. The rate is based on a seven-day instrument.
Lab-Grown Diamonds: A Game Changer in the Diamond Industry
The diamond industry is undergoing a seismic shift, driven by the rising popularity of lab-grown diamonds.
Botswana Forecasts 2025 Diamond Recovery
Botswana’s government is forecasting a recovery in the diamond market later this year, and a consequent expansion of the country’s economy.
De Beers Adapts to India’s Growing Demand for Lab-Grown Diamonds
De Beers, long associated with the glamour of natural diamonds
US Diamond Importers Must Declare Country of Origin
Diamond Importers have been required, since last March, to certify that their goods are not Russian, but not to disclose where they are from.