Company continues growth trend from last year.
High concentration of garnets found in drilling results.
World's biggest diamond producer said Friday jewellery demand will experience moderate growth this year, which represents a major shift from the 12% decline in rough diamond prices last year.
The company's executive chairman, John Teeling, said Botswana Diamonds was taking other big steps to becoming a major player in the market.
With its diamond reserves predicted to run out in 20 years, diversification is crucial if Botswana is to continue to be an "African success story"?
Botswana Diamonds, the Diamond exploration company, has identified 13 specific sites in the north east of Botswana believed to contain diamond kimberlites.
Canada's Lucara Diamond Corp. (TSX:LUC) sold a 9.46-carat blue diamond for $4,515,000 or $477,272 per carat as part of a diamond sale this week.
Canada's Lucara Diamond Corp. (TSX:LUC) said it recovered a 9.46-carat rare type II blue diamond from its Karowe mine in Botswana.
The Diamond exploration company sees its future shining bright after discovering high concentrations of minerals that could imply the presence of rough diamonds.
Botswana has been hailed for its instrumental role in the resuscitation of diamond mining in Swaziland through provision of support for the enactment of key legislation and benchmarking.
Botswana Diamonds said two additional diamonds have been recovered from the ongoing sampling program on the Libongo palaeoplacer project in Cameroon.
London-listed Petra Diamonds shares were on the rise again Monday after the company revealed Friday it had started selling three of its non-core mines.
Shares in London-listed Botswana Diamonds jumped nearly 12% after an encouraging exploration update.
Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond mining, distribution and marketing company for more than 80 years.
The migration of worldwide diamond aggregation in Gaborone, Botswana, which began Tuesday, marks the first phase of the relocation of De Beers’ sales activities to Botswana as part of the sales agreement between the company and Botswana.
Canada’s Lucara Diamonds (TSX:LUC) shares went down over 3% on Friday after the company said it expected to sell 23% less diamonds this year from its flagship Karowe mine, in Botswana.
Figures for second quarter rough and polished diamond exports have come in at P6.79 billion, representing a marginal five percent drop from the first three months of the year, Mmegi Business has established.
Leading diamond producer and budding diamond center Botswana exported $352.6 million worth of rough and polished diamonds in June bringing half-year exports to $173 billion. June’s exports are a 47.7 percent decline compared to the $670.8 million exported in June …
According to preliminary data released by the Bank of Botswana (BoB) on Monday, Botswana's May diamond exports were nearly 20% down from May 2011, a time when a global diamond shortfall and general recovery from the 2009 recession, underpinned demand for the precious stones. In United States dollar terms, May exports were pegged at $324 million, being nearly 45 % from their April levels.
Botswana is setting out to lower the fiscal burden on resources investors in a charm offensive that separates it from the mining jurisdictions that are currently looking to increase mining taxes.
The Oppenheimer family, controller of giant diamond miner DeBeers since 1927, has officially let go of its 40% stake in the company after South Africa’s Mineral Resources Minister approved the acquisition by Anglo American.
Gem Diamonds said initial production at its Ghaghoo underground mine project in Botswana would be delayed until the first half of 2014 after an accident yesterday resulted in the death of two workers.
De Beers released the 2011 Report to Society, in which Chairman Nicky Oppenheimer, summarized the efforts of the diamond company and its contributions towards the cause of beneficiation.
Botswana Diamonds has been awarded an additional 262.6 square kilometre prospecting license for the precious gems in the Africa country for an initial period of three years, after which it can be renewed for two additional periods of two years each.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 14, 2012) – Hana Mining Ltd. ("Hana" or the "Company") (TSX VENTURE:HMG)(FRANKFURT:4LH) is pleased to announce the positive results of its initial independent National Instrument 43-101 compli…
Canadian diamond producer Lucara Diamond Corp announced today that production from its recently inaugurated Karowe mine in Botswana could be available for sale in June.
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