Tag: diamond

Why De Beers is scaling back on diamond production

Anglo American’s diamond subsidiary De Beers is scaling back production its CEO said.

Weak diamond demand weighs on Botswana’s growth

Gerrit van Rooyen, Economist at NKC African Economics joins CNBC Africa to look at Botswana’s market outlook ahead of general elections.

De Beers, Namibia launch world’s biggest diamond exploration ship

Anglo American's diamond unit De Beers on Thursday launched the world's largest diamond exploration vessel off the coast of Namibia.

Botswana power utility invites bids to build 100 MW solar plant

Botswana's state-owned power utility has invited bids to build a 100 megawatt (MW) solar power plant.

De Beers to hold diamond exploration budget steady in 2017

Many mining companies cut exploration spending because of a slump in commodity prices in 2015.