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Tag: DE BEERS

Business

Botswana and De Beers Launch Marketing Initiative to Revive Diamond Sales

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

Botswana and De Beers have introduced a marketing initiative to revive interest in natural diamonds amid a significant market downturn. Natural diamond prices have fallen by 26% over the last …

Botswana and De Beers Launch Marketing Initiative to Revive Diamond Sales Read More
Companies

Botswana and De Beers Finalize Historic Diamond Agreement Amid Economic Challenges

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

Botswana has reached a landmark ten-year agreement with De Beers, enhancing its share of diamond sales from 25% to potentially 40%. The deal includes a 25-year extension of De Beers’ …

Botswana and De Beers Finalize Historic Diamond Agreement Amid Economic Challenges Read More
Companies

Botswana and De Beers Finalize 10-Year Diamond Sales Agreement

February 27, 2025February 27, 2025 - by Allegra Nguyen - Leave a Comment

Botswana and De Beers have finalized a 10-year diamond sales agreement that allows Botswana to sell 30% of rough diamonds initially, increasing to 50% by 2035. This aims to reverse …

Botswana and De Beers Finalize 10-Year Diamond Sales Agreement Read More
Companies

Botswana and De Beers Group Formalize Strategic Diamond Partnership

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

The Government of Botswana and De Beers Group have formalized a strategic partnership with a 10-year Sales Agreement and a 25-year extension of Mining Licences. This collaboration aims to stabilize …

Botswana and De Beers Group Formalize Strategic Diamond Partnership Read More
Companies

Angola’s Diamond Mining Initiative: A Catalyst for Economic Growth

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

Angola intends to increase diamond production to 17.53 million carats by 2027 as part of its National Development Plan. The country forecasts significant revenue growth from diamond mining to support …

Angola’s Diamond Mining Initiative: A Catalyst for Economic Growth Read More
Companies

Botswana Secures Historic 10-Year Diamond Agreement with De Beers

February 26, 2025February 26, 2025 - by Liam Nguyen - Leave a Comment

Botswana has signed a groundbreaking 10-year diamond sales agreement with De Beers, enhancing its position in the diamond industry. The agreement includes sales from Debswana, mining license renewals, and capital …

Botswana Secures Historic 10-Year Diamond Agreement with De Beers Read More
Companies

Oman Firm Acquires Alrosa’s Stake in Angola’s Catoca Diamond Mine Amid Sanctions

November 29, 2024November 29, 2024 - by Marcus Chen - Leave a Comment

An Omani state fund has acquired shares in Angola’s Catoca diamond mine from Alrosa. This decision follows the imposition of international sanctions on the Russian company, deemed a “toxic partner” …

Oman Firm Acquires Alrosa’s Stake in Angola’s Catoca Diamond Mine Amid Sanctions Read More

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