Botswana’s state diamond trader held an ad-hoc tender of about 1 million carats in rough to help raise revenue for the country, but none of the stones sold. Okavango Diamond Company (ODC), which is ...
Greg Katz, managing partner of South Africa-based diamond dealer and manufacturer Trigon Adamas, came on the Rapaport Diamond Podcast to recount his experiences working on exceptional stones.
Gemfields saw revenue and profit drop in the first half as it paused production at its emerald mine and sold lower-grade ore from its ruby deposit, which affected its auction results. Sales fell 47% ...
Burgundy Diamond Mines is looking for external funding to allow it to continue operations at its Ekati mine in Canada’s Northwest Territories, citing financial challenges stemming from weak demand and ...
The governments of Botswana and Angola are bidding to buy De Beers, paving the way for a new era of African ownership for the diamond miner, according to statements from both countries. “We have ...
De Beers will extend the terms of its current sightholder agreement through June 30, 2026, amid uncertainty in the diamond industry, a company spokesperson told Rapaport News on Friday. “Our focus is ...
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