The De Beers-Botswana Divide

The relationship between the longtime partners is being tested as the deadline for a new marketing deal and mining license approaches.

Podcast: De Beers Eyes Massive Botswana Investment

Amid the De Beers-Botswana negotiations, there are Debswana projects that require investment now.

Botswana to Buy 24% Stake in HB Antwerp

Okavango Diamond Company will supply rough to Belgian firm’s local factory.

Lucara Outlook Strong Following Supply Deal

Miner expects revenue of up to $230 million in 2023.

Lucara Sales Fall Amid Lack of High-Value Diamonds

Third-quarter results suffered from unfavorable comparison with strong period last year.

Botswana Denies Report That It Might ‘Ditch’ De Beers

Local newspaper claims country likely to sell large stones to partnership between Lucara and HB Antwerp.

Why Can’t De Beers and Botswana Reach a Deal?

With Covid-19 no longer a plausible reason, the industry is starting to suspect that a thorny issue is preventing the miner and the government from finalizing a new sales agreement.

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