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Southern Africa: South Africa, Botswana Clash Over Diamonds
The Patriot, 12 June 2017
Diamond production behemoth De Beers Group of Companies will hold a Sight next week at Diamond Trading Company Botswana (DTCB) in Gaborone where they will auction stones without… Read more »
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Namibia: Recovering Diamond Market Could Result in More Cutting and Polishing Factories
New Era, 24 April 2017
With diamond sales demand picking up in 2017, coupled with a relatively new sales and marketing agreement between the government and De Beers, the Namibia Diamond Trading Company… Read more »
South Africa, Botswana Clash Over Diamonds
Mining Giant De Beers has been denied permission by South Africa's Minister of Mining Mosebenzi Zwane to take rough diamonds to Botswana's diamond trading company for aggregation. This is the process whereby rough diamonds from De Beers operations in South Africa, Botswana, Namibia and Canada are mixed. It is a shocking development as the minister provided no reasons for his decision.
