16 july 2021
Today The Kimberley Process Civil Society Coalition (CSC) recently said that it is planning to approach the United Nations (UN) over the impasse on the redefinition of conflict diamonds and the principles of responsible sourcing. The CSC representative Shamiso Mtisi said it is time the UN directly intervenes in this important matter and prescribes to the KP what to do. He said in approaching the UN, they will draw its attention to hotspot areas where diamond mining companies, state actors and private security and trading states are allegedly violating human rights for profit. Mtisi claimed that despite efforts by Russia (together with Botswana on the principles) to put the redefinition of conflict diamonds and the principles of responsible sourcing on the agenda of their recent meeting, there was resistance with participants invoking procedural concerns to block the discussions.
Jewellery retailer Pandora recently announced that it will no longer purchase natural diamonds as it had switched to lab-grown diamonds. However, diamond market analyst Paul Zimnisky told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that.
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Yesterday
01 march 2021
Botswana Diamonds recently entered into a cooperation agreement with Diamexstrat Botswana and its partner, Burgundy to fund exploration of its prospecting licence assets in the southern African country. Company managing director James Campbell told Rough&Polished s Mathew Nyaungwa in an exclusive interview that the agreement with Diamexstrat and its partner is broader compared to the one they had with the Russian diamond giant, Alrosa. Under the deal that Diamexstrat and its partner, Burgundy can earn up to a 70% interest in Sunland Minerals and Sekaka s prospecting licences. Botswana Diamonds can also earn a 15% interest in prospecting licences held by Diamexstrat and its partner on the first $1.5 million spent on exploration by the later where the former s database assists in the discovery of a primary kimberlite.
26 march 2021
28 december 2020
Botswana Diamonds intends to mine the KX36 kimberlite, which it recently acquired from Petra Diamonds if found commercial. The high-grade KX36 kimberlite pipe is part of the three Prospecting Licenses in the Central Kalahari Game Reserve in Botswana held by Sekaka, which was an exploration vehicle in Botswana for Petra Diamonds. The diamond exploration company managing director James Campbell told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that they will consider partnering with another company to share the risk. Below are excerpts of the interview.
Botswana Diamonds recently completed the takeover of Sekaka Diamonds from Petra Diamonds. How optimistic are you of the future with this acquisition?