
De Beers has confirmed that Botswana, Angola and Namibia have expressed interest in acquiring equity in the company, along with a number of unnamed business groups....
The International Monetary Fund has issued a stark warning to Botswana’s leadership, advising against expanding their stake in the diamond behemoth De Beers through Debswana. This...
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%...
Angola’s diamond sector delivered a robust performance in the first half of the year, with production surpassing expectations despite global market headwinds. According to state-owned miner...
Diamond production at Rio Tinto rose in the third quarter amid a strong comparison with the previous year, when the company temporarily closed its Diavik mine...
De Beers is giving its sightholders more breathing room, stretching the current supply agreement until June 30, 2026. The move, announced Friday, comes as the diamond...
Botswana is pushing to secure a majority stake in De Beers by October, President Duma Boko confirmed. The country, reeling from a prolonged diamond slump, is...
Angola’s state-owned diamond company ENDIAMA has submitted a fully financed bid to acquire a strategic minority stake in De Beers, as Anglo American prepares to exit...
Angola is moving to transform its diamond industry by cutting and polishing the majority of its rough production domestically within the next three years. The shift...
Angola’s state-owned diamond giants, ENDIAMA E.P. and SODIAM E.P., have officially announced their joint membership in the Natural Diamond Council (NDC), effective July 1, 2025. Their...
Angola’s Minister of Mineral Resources, Diamantino Azevedo, urged African diamond-producing nations to coordinate strategies and launch unified global campaigns to restore natural diamond prices and market...
The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the Indian gem and jewellery industry, will be participating in the Ministerial RoundTable on...
Angola aims to increase annual diamond production to 17.53m carats by 2027, and to become the world’s third largest rough producer.It is forecasting a 50 per...