June 28, 2024 Botswana GDP shrinks most since 2020 as diamond output plunges Real value added of the diamond traders and mining & quarrying industries were down 46.8% and 24.8% respectively.
June 27, 2024 Petra Diamonds cuts targets and costs in tough market Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million.
June 26, 2024 Gahcho Kué diamond mine surpasses spend threshold with NWT and Indigenous businesses The milestone represents 61% of the total C$3.2 billion spent on the project since 2015 when construction began.
June 26, 2024 De Beers sales drop to $315m amid search for new owner Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year.
June 21, 2024 De Beers Canada JV partner says diamond miner in no rush to sell The more than 100-year-old diamond miner is seeking options for its spin off from parent Anglo American at a time of depressed diamond prices.
June 19, 2024 Gemfields fetches almost $69 million at ruby auction The auction marked the 10th anniversary of Gemfields’ first sale of rubies from the Montepuez mine in Mozambique.
June 18, 2024 Debswana reports fatality at its Jwaneng mine The incident, which took place on Monday, involved a contractor.
June 11, 2024 Gemfields picks ex-De Beers boss Bruce Cleaver as new chair Bruce Cleaver, who was at the helm of De Beers for seven years to 2023, takes the position effective July 1.
June 10, 2024 Botswana in talks to raise stake in De Beers President Mokgweetsi Masisi also said the government will play a central role in selecting a new investor to replace Anglo at De Beers.
June 6, 2024 Botswana may raise De Beers stake as Anglo weighs spin-off The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply.
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