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De Beers sold substantially more rough diamonds in the first nine months of 2026, with sales volumes rising 37 percent to 24.55 million carats, but revenue fell $361 million to $2.04 billion as declining prices offset higher sales volumes.
12 hours ago · Botswana Sunday Standard →
De Beers sold substantially more rough diamonds in the first nine months of 2026, with sales volumes rising 37 percent to 24.55 million carats, but revenue fell $361 million to $2.04 billion as declining prices offset higher sales volumes.
12 hours ago · Botswana Sunday Standard →
De Beers Group has injected an initial P1 billion into Botswana's Diamonds for Development Fund, a government–De Beers partnership designed to channel capital into enterprise development and build alternative sources of economic growth beyond diamonds.
12 hours ago · Botswana Sunday Standard →
Signet Jewelers and De Beers are reinforcing their partnership across diamond mining, manufacturing and retail, emphasising Botswana's economic transformation, local craftsmanship and responsible sourcing as they work to revive consumer demand for natural diamonds. Senior executives from Signet, the world's largest diamond jewellery retailer, visited Jwaneng diamond mine as part of celebrations marking Botswana's 60 years of independence.
25 October 2026 · Botswana Sunday Standard →
A Diamond for Development Fund has been credited with one billion Pula (USD 73 million), representing a shared achievement between President Duma Boko and his predecessor Mokgweetsi Masisi in securing Botswana's diamond wealth.
25 October 2026 · Botswana Sunday Standard →
A restoration programme worth P60 billion is being proposed to repair public assets like schools, hospitals, roads, railways, and water systems that were built with diamond wealth, asking whether Botswana should prioritize maintenance of existing infrastructure before commissioning new projects.
22 October 2026 · The Botswana Gazette →
Botswana Energy Regulatory Authority will direct more than P250 million in monthly fuel levies into the National Petroleum Fund over the next six months, aiming to rebuild the fund as it balances consumer protection with pressure on fuel retailers.
22 October 2026 · The Botswana Gazette →
Botswana is positioning itself for a 25 percent stake in De Beers as a new ownership structure takes shape, with global luxury investors and diamond industry players preparing to pursue majority control of the miner.
22 October 2026 · The Botswana Gazette →
NexMetals, which acquired Selebi North and other deposits from government in 2022 for P837 million, has increased the inferred resource at Selebi North to about 42 million tonnes from 24.7 million tonnes in the 2024 mineral resource estimate, following an extensive drilling campaign.
22 October 2026 · Mmegi →
NexMetals has updated its mineral resource estimate at Selebi North, with inferred resources rising to about 42 million tonnes from 24.7 million tonnes in the 2024 estimate, following an extensive drilling campaign at the former BCL Mine deposits it acquired in 2022.
22 October 2026 · Mmegi →
De Beers has warned of a further slowdown in Botswana's diamond production before the end of 2026, after third-quarter output fell 20 percent year-on-year, with planned Jwaneng maintenance expected to drive production lower in the final quarter.
22 October 2026 · The Botswana Gazette →
Botswana Energy Regulatory Authority has announced upward adjustments in retail pump prices: Unleaded Petrol 95 by 154 thebe per litre to 1975 thebe, and Diesel 50ppm by 283 thebe per litre to 2376 thebe, effective after midnight on October 23rd, 2026. The increase is attributed to heightened volatility in international oil markets and geopolitical tensions in the Middle East.
22 October 2026 · Daily News Botswana →
Government and De Beers Group have advanced P1 billion to the Diamonds for Development Fund, a partnership aimed at channelling diamond wealth into non-mining sectors and supporting economic diversification and sustainable employment.
21 October 2026 · Daily News Botswana →