Okavango: "It wasn't an Emergency Tender"
October 08, 25
Okavango, Botswana's state-owned diamond company, says its planned sale of 1m rough carats last month was not "an emergency tender". And it says the fact that it didn't sell a single stone didn't mean it was a failure. Rather, it was the result of a ... Read More...
Namibia Cautious about De Beers' Bid
October 08, 25The government of Namibia is cautiously considering joining a pan-African consortium that could put in a bid to acquire and operate De Beers. The world's eighth biggest diamond-producing nation has a 50/50 partnership called Namdeb Holdings with De Beers, ... Read More...
Bridal Collection Made from Old Laptop Gold
October 08, 25Britain's Royal Mint has launched an engagement and bridal collection made with gold recovered from discarded laptops, cellphones and other devices. It uses lab grown diamonds and 18ct gold sourced from "end-of-life electronic waste", at a dedicated unit... Read More...
Botswana "Close to Negotiating Zero US Tariff on Diamonds"
October 06, 25Botswana's president Duma Boko says he's close to negotiating an end to the 15 per cent tariff imposed on his country's polished diamond exports to the US. He also says Botswana must diversify beyond diamonds to exploit its copper, nickel, and cobalt... Read More...
Faberge Egg set to Reclaim Record with $27m Estimate
October 06, 25A Faberge egg, carved from rock crystal in 1913, is expected to sell for over $27m and reclaim the world record it has twice held before. The four-inch high Winter Egg is studded with 1,660 diamonds, and reveals a surprise inside of a platinum... Read More...
Memo by John Jeffay
October 02Botswana's failure to sell a single carat at its emergency tender last week underscores a dramatic change of fortunes for Africa's diamond capital. It is a nation that has been transformed diamonds. They were discovered in 1967, less than six months after ... Read More...