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Ring with 7-carat stone will be among the top lots at June 2 auction.
Country’s shipments up 149% in April.
Piece gets $3 million price tag at June 12 New York auction.
Botswana Mine Workers Union condemns President Duma Boko’s public announcement of layoffs.
Piece sells for $567,700 at Hong Kong Jewels and Jadeite sale, within estimates.
Participants used a stolen vehicle to ram shop’s front doors, before grabbing items and fleeing in under 90 seconds.
Temporary pause in scanning stones contributes to lower revenue and a $100,000 deficit in first quarter.
Ring carries an estimate of up to $1.6 million at June 12 sale.
The industry veteran will succeed Erich Jacobs, who is stepping down after six years.
Despite price spike, 50% of participants prefer gold, regardless of its color.