International News
Vicenza Expo Centre’s expansion is progressing
The new heart of Italian Exhibition Group’s (IEG) Expo Centre in Vicenza is starting to take shape. Six months after laying the foundation stone, the construction site is now displaying the first outer walls of the 22,000-square-metre two-level building, designed by pre-eminent architect Volkwin Marg from Hamburg-based Studio GMP. The timeline set by IEG for the development work at its Vicenza premises is progressing perfectly to schedule in accordance with the announced timetable and is preparing to enter a new phase: by the end of June, assembly work on the impressive prefabricated body, which will be positioned inside the outer walls currently under construction and already partly visible, will begin.
At the September 2025 edition of Vicenzaoro, buyers and exhibitors will see further progress in the architectural work, while construction will continue alongside the event with no interference whatsoever, just as at the last two editions.
In conjunction with Vicenzaoro September 2025, the entire outer shell will be practically complete. The outer walls will have been finished and the prefabricated building will be nearing completion. The latter will be an imposing architectural structure that will significantly change the area’s look. By that time, visitors and stakeholders will be able to see the potential of a fully renovated Expo Centre.»
In the months following the next edition of IEG’s leading international gold and jewellery trade show, work will continue with plant engineering installations and finishing works. In accordance with the announced time schedule, the works are expected to be complete by the end of next spring in time to assemble the fittings and guarantee the full use of the new exhibition areas for Vicenzaoro September 2026.
DiamondBuzz
Diamond Slump forces Debswana to diversify into copper, platinum and solar
Diamond-centric mining models is giving way to broader resource portfolios
Debswana Diamond Company, the 50–50 joint venture between the Botswana government and De Beers, is moving to diversify into copper, platinum and renewable energy as the prolonged downturn in natural diamond demand pressures earnings and forces the industry to rethink its growth strategy.
The company’s board has approved plans to invest in a portfolio of non-diamond projects after revenue fell 46% in 2024, the latest available financial year, highlighting the scale of the downturn in the global diamond market.

The move signals a strategic shift toward commodities with stronger long-term demand fundamentals, particularly copper, which is central to global electrification and energy-transition infrastructure.
Debswana’s diversification reflects a broader industry pivot as diamond producers confront weak consumer demand, rising competition from lab-grown stones and elevated inventories across the supply chain.
The shift is also visible among smaller exploration companies. Botswana Diamonds recently rebranded as Botswana Minerals, signalling its own strategic focus on copper exploration rather than diamonds.
Together, these moves underscore a growing consensus across the sector: the era of diamond-centric mining models is giving way to broader resource portfolios anchored in energy-transition metals.
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