Debswana
This coverage focuses on Debswana, the Botswana-based diamond mining company jointly owned by De Beers and the Government of Botswana. Jewellery Focus reports on the company’s diamond production, supply agreements, and role within the global diamond value chain, including its impact on the UK jewellery market. Coverage includes insights into sustainability practices, trade partnerships, and evolving sourcing standards. The content offers trade professionals a comprehensive view of how Debswana’s operations influence diamond supply, pricing, and ethical standards across the jewellery industry.
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Sep- 2025 -24 SeptemberManufacturers
Botswana aims to buy De Beers controlling stake
President of Botswana Duma Boko has stated that the country is looking to complete a deal to acquire a controlling stake in De Beers by the end of next month, according to Bloomberg. It comes as Boko’s administration and other potential buyers are in continuing negotiations with the diamond company’s…
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Jun- 2025 -9 JuneManufacturers
Okavango Diamond Company joins Tracr platform
The Okavango Diamond Company (ODC), a Botswana-based rough diamond marketing company, has announced the onboarding of its rough diamond supply onto Tracr. ODC has commenced registering rough diamonds in the 3-6gr and 2-10ct size ranges on Tracr, significantly increasing the availability of traceable diamonds from Botswana. Debswana, the joint venture…
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Feb- 2025 -25 FebruaryManufacturers
Republic of Botswana and De Beers Group confirm diamond partnership
The Government of the Republic of Botswana and De Beers Group have announced that the two partners have now signed the formal new agreements for the 50:50 Debswana mining joint venture. The parties have agreed a 10-year Sales Agreement, which may be extended by a further five years, and a…
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14 FebruaryManufacturers
January diamond prices drop in slow market
The diamond market was slow in January, with mixed reports about holiday sales, according to Rapaport’s RapNet Diamond Index. Diamond prices declined, with some improvement in 0.30- to 0.50-carat, and 1 carat diamonds — reflecting round D to F, IF to VVS2 goods, which saw a 0.4%, 0.6% and 2.3%…
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4 FebruaryManufacturers
De Beers and Botswana secure rough diamond sales agreement
The Government of the Republic of Botswana (GRB) and De Beers Group have agreed a deal establishing a new sales agreement for Debswana’s rough diamond production. Alongside this, the deal has extended Debswana’s mining licences in the country beyond 2029. This development is in alignment with the heads of terms…
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Nov- 2020 -19 NovemberCelebrities
Indria Scott named as face of De Beers’ ReSet Collective
Indria Scott has been named as the new face of De Beers Group’s ReSet Collective campaign. The “eco-conscious” model will front the campaign that will showcase five pendants created to celebrate sustainability in the diamond industry. The ReSet Collective includes five leading US jewellery designers – Jade Trau, Jennie Kwon,…
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Jul- 2018 -2 JulyInternational
Okavango Diamond Company to Pilot GIA’s M2M to with Botswana origin diamonds
GIA has announced Okavango Diamond Company (ODC) is participating in the Institute’s M2M program. M2M is a digital platform that allows the GIA to scientifically match rough diamonds to the resulting polished gems with information from each step in the value chain that tells the complete story of a diamond’s…
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Feb- 2015 -16 FebruaryInternational
De Beers profits shine with 36% increase
The De Beers Group of Companies, itself a subsidiary of mining firm Anglo American, has reported a 36% increase in operating profits for 2014, rising to $1.4bn (around £910m) compared with the previous year. Anglo American said in a statement that the increase was due primarily to “solid demand” across key…
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Feb- 2014 -5 FebruaryInternational
De Beers adds 75 years’ experience to executive committee with new hires
De Beers has made three new appointments to its executive committee, which it says adds 75 years of combined diamond industry experience to the team. Paul Rowley, executive vice president of global sightholder sales; Neil Ventura, executive vice president of auction sales; and Balisi Bonyongo, CEO of Debswana, will join…
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Aug- 2012 -17 AugustManufacturers
De Beers moves aggregation of worldwide production to Botswana
After almost 80 years in London, De Beers’ aggregation of diamonds moved to Botswana on 14 August.
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