Category: Rough

Strategic overhaul would enable De Beers-government joint venture to process diamonds other than Debswana’s.
Weakness of larger rough abates amid positive holiday sentiment.
Sightholders expect greater allocation of smaller diamonds to Botswana units.
Current supply terms to remain in place through December 2024.
Weak Chinese market dented demand at latest tender.
October-November sight smaller than September’s but larger than a year earlier.
Sale included special production from Lulo, Catoca and Luaxe mines.
Bruce Cleaver reflects on the changes that took effect in the six years he headed the diamond company.
Organization received differing views on whether the matter was relevant for discussion during recent plenary.
Country will take over from Zimbabwe.

Featured