DiamondBuzz
Namibia wishes to acquire a minority stake in De Beers
Namibia has entered negotiations to acquire a minority stake in De Beers, with cabinet approval granted in principle for a three-nation African consortium bid.Target stake: 10–15% at an estimated cost: NAD 9.8–14.8 billion ($570–860 million)
Namibia is coordinating with Angola and Botswana to pool resources for the acquisition, recognizing that individual financial capacity limits their ability to secure meaningful ownership. Anglo American currently owns 85% of De Beers, a stake that has been on the market since 2024. Botswana, which already holds the remaining 15%, has expressed interest in increasing its share and potentially securing majority control. Meanwhile, Angola—initially exploring only a minority position—has unexpectedly escalated its ambitions by placing a bid for Anglo’s entire 85% stake.
Financial capacity remains the primary concern. Namibia acknowledges that collaboration is essential to transform regional diamond production into regional diamond ownership.
DiamondBuzz
Tiffany ring with a 10.02-ct emerald cut diamond is leading a Christie’s online auction, expected to sell for $500,000
As the spring season breathes new life into the world of fine art, Christie’s is proud to announce its first jewelry event of the year: the Jewels Online sale. Running from March 9 through March 19, this exquisite 156-lot curation invites collectors to journey through a gallery of peerless stones, legendary signatures, and storied provenance. A Tiffany ring with a 10.02-ct emerald cut diamond is leading a Christie’s online auction and is expected to sell for $500,000 to $700,000.The Type IIa stone is D color, IF clarity, set in platinum and signed Tiffany & Co.
The auction further dazzles with a pair of earrings that define celestial symmetry. Featuring two Type IIa round brilliant-cut diamonds weighing 5.13 and 5.04 carats respectively, these D-color gems radiate a fiery brilliance. Estimated at $300,000 – $500,000, they represent a rare opportunity to acquire stones of such matched magnitude and VVS2 clarity.
In a poignant tribute to glamour, Christie’s is honored to present selections from The Collection of Elizabeth Taylor. These intimate treasures offer a glimpse into the lavish world of the silver screen’s ultimate jewelry connoisseur:
- The Golden Evening Bag: A sumptuous diamond and gold vessel of elegance (Estimate: $10,000 – $15,000).
- The Ruby Suite: A vibrant, matching set of ruby and diamond beaded necklace and earrings (Estimate: $15,000 – $20,000).
Beyond these headliners, the sale celebrates the “Great Houses” of jewelry design. Connoisseurs will find meticulously crafted pieces from:Cartier, Van Cleef & Arpels. David Webb & Seaman Schepps
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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.