Africa

Rachel Bilson Designs Everlon Bracelet with Diamond Knot with 20% Proceeds Going to Diamond Empowerment Fund

Rachel Bilson who traveled to Botswana and South Africa late last year to learn about diamond mining and the impact it has made in the lives of the people there with the Diamond Information Center, has designed a bracelet, with $20 from each sale going to the non-profit Diamond Empowerment Fund (DEF).
The bracelet, which features [...]

Africa

UN Report Finds Botswana Governmental Position on Kalahari Habitation by Basarwa to appear to be Inconsistent with its Decision to Permit Gem Diamonds/Gope Exploration Mining Activities

pThe [Botswanan] Governmentrsquo;s position that habitation of the [Kalahari] reserve by the Basarwa and Bakgalagadi communities is incompatible with the reserversquo;s conservation objectives and status appears to be inconsistent with its decision to permit Gem Diamonds/Gope Exploration Company (Pty) Ltd. to conduct mining activities within the reserve, an operation that is planned to last several [...]

Africa

African Diamonds: Latest AK6 Diamond Valuation is $162 Per Carat

The Directors of African Diamonds plc (AIM: AFD), the Botswana diamond company, are pleased to give an update on the progress of the AK6 diamond discovery in Botswana. The timeline remains first production in late 2011.

Latest diamond valuation of US$162 a carat is US$23 a carat higher than that used in our current studies. [...]

Africa

Debswana Targets Diamond Production of 20 Million Carats in 2010

Botswana’s diamond mining giant Debswana Diamond Company says it is targeting to produce at least 20 million carats of diamonds which levels to around 60 percent of its normal production in the year 2010.

Africa

Botswana Government Bond Ratings Changed to Negative from Stable by Moody’s Investor Service

Moody’s Investors Service has changed the outlook on Botswana’s A2 government bond ratings to negative from stable, reflecting the continued strain on the country’s finances imposed by the global economic crisis.
Moody’s notes that Botswana’s economy was hit especially hard at the beginning of the crisis, when worldwide demand for luxury goods such as diamonds literally [...]

Africa

Gareth Penny Appointed Chairman of Debswana Board of Directors

Gareth Penny, Managing Director of the De Beers Group, has been appointed as Chairman of the Board of Directors of Debswana for a two year period. Mr Penny takes over from Mr Eric Molale, the Permanent secretary to the President.
Gareth, who was appointed Director of Sales and Marketing of the Diamond Trading Company (London) in [...]

Africa

Reports: Former Debswana Managing Director, Louis Nchindo, Found Dead

Louis Nchindo, the former Managing Director of Debswana, the Botswana mining venture between De Beers and the Botswana government, has been reported dead, according to South Africa’s Business Report.
Nchindo was due to face criminal charges of over 30 counts this coming April.
Another local paper, The Voice, reports that Interpol officers approached them for Nchindo’s photograph [...]

Africa

Namakwa Diamonds Sign Cooperation Agreement with Andre Messika

Namakwa Diamonds Limited has signed a co-operation agreement with B.L.I.D International, the operating company of the Andre Messika Group, a leading diamantiare based in Paris and Tel Aviv.
Andre Messika is a preferred wholesale diamond supplier to internationally recognised jewellery houses, as well as being a wholesale jewellery manufacturer and retailer with numerous outlets in Europe [...]

Africa

Diamond Trading Company Botswana Hosts Shining Light Diamond Jewellery Design Workshop

The Diamond Trading Company Botswana Shining Light Awards for Excellence in Diamond Jewellery Design showcases the creativity and talent of designers from around Botswana. The objective of these awards is to develop both technical and design skills of local designers as well as provide a platform for designers to showcase their work locally and internationally.
Intrinsic [...]

Africa

Survival Protest to Botswana High Commissioner to the UK, Roy Blackbeard

Survival International, a non-governmental organisation, is holding a protest to highlight ‘Botswana’s continuing persecution of the Gana and Gwi Bushmen of the Central Kalahari Game Reserve’. Although Botswana’s High Court ruled that the Bushmen had been evicted from their ancestral lands in the reserve illegally, the government is trying to make life impossible for those [...]

Africa

Dollar Value of Debswana’s Diamond Sales Expected to Return to 2007-08 Level by 2012-13

The dollar value of Debswana’s diamond sales is expected to gradually return to the level achieved in the financial year 2007/08 by 2012/13, says O.K. Matambo, Botswana’s Minister of Finance and Development Planning, in his 2010 Budget Speech, entitled “Transforming our Economy After the Crisis”, which was delivered to the National Assembly on 8th February [...]

Africa

Survival Protestors Gather at Tiffany Stores Over Water Boreholes on Bushmen Land

Survival supporters demonstrated outside Tiffany stores in London, San Francisco, Madrid, Paris and Berlin to protest at the company funding water boreholes for game animals on Bushman land where the people are forbidden access to their own borehole.
The protestors handed in a letter at their respective stores asking Tiffany to withdraw its financial support for [...]

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