Rough Diamond News

  • De Beers Sale: Botswana Plus One or Two Buyers
    on 13 October 2025 at 1:00 pm

    Anglo American CEO Duncan Wanblad says the sale of De Beers will involve one or two shortlisted buyers alongside the government of Botswana, rather than the usual two-round selection process. Wanblad told the Financial Times Metals and Mining Summit...

  • Zerouki Quits De Beers after 20 Years
    on 12 October 2025 at 5:00 am

    Feriel Zerouki is to step down as De Beers' chief trade and industry officer after 20 years with the company. She was appointed to the post in May of this year, after serving as senior vice president of corporate affairs. She led the launch of Tracr, the ...

  • Clock is Ticking on Luanda Accord, says AWDC
    on 9 October 2025 at 8:00 am

    The Antwerp World Diamond Centre (AWDC) has publicly expressed frustration over the stalled $100m-plus global campaign to promote natural diamonds, agreed in Angola almost four months ago. It says there is no time to waste in implementing the...

  • Okavango: "It wasn't an Emergency Tender"
    on 8 October 2025 at 12:00 pm

    Okavango, Botswana's state-owned diamond company, says its planned sale of 1m rough carats last month was not "an emergency tender". And it says the fact that it didn't sell a single stone didn't mean it was a failure. Rather, it was the result of a ...

  • Namibia Cautious about De Beers' Bid
    on 8 October 2025 at 9:00 am

    The government of Namibia is cautiously considering joining a pan-African consortium that could put in a bid to acquire and operate De Beers. The world's eighth biggest diamond-producing nation has a 50/50 partnership called Namdeb Holdings with De Beers, ...

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