GJ Town India

  ODC's distribution of natural diamonds recognised! Natural Diamond Council (NDC) is a not-for-profit organization that’s committed to inspiring and educating consumers on the real, rare, and responsible values of natural diamonds and the positive global impact of the industry. NDC is pleased to announce its newest member, Okavango Diamond Company (ODC).  The Botswana government–owned rough natural diamond marketing company joins the likes of De Beers and other responsible mining companies. ODC is the first non-mining diamond company to be admitted as a member of NDC, recognizing ODC's  importance in the upstream distribution of natural diamonds, and the importance that Botswana puts on  inspiring consumer demand as a driver of future prosperity for the natural diamond industry.  ODC sells over 6M carats of rough natural diamonds a year, all sourced from Debswana, Botswana's flagship diamond mining company that accounts for 98% of Botswana’s diamond production....

Limited-Edition Engagement Rings Launched   Ten designers reimagine sourced natural diamonds From Botswana supported by De Beers Group Ten/Ten, a limited capsule collection of 100 commitment rings, designed in collaboration with ten independent jewelry designers, was unveiled on BlueNile website. The program concept challenged the innovative group of collaborators to reinterpret the classic symbol of love and commitment for a new audience.   Each of the ten ring designs is available in a limited edition of ten and all of the designs feature responsibly sourced natural diamonds from Botswana. The collection is accessibly priced between $3,000 and $4,500 and the rings are available for purchase started.  One design features a hidden inscription on the band and several offer the opportunity for personalization by integrating bands or other rings. Conceived during the early stages of the pandemic, and made possible by the support of De Beers Group, Ten/Ten was specifical...

Gem Diamond from the Karowe Mine in Botswana   Lucara Diamond announced the recovery of an unbroken 341 carat top white gem quality diamond from its 100% owned Karowe Diamond Mine in Botswana. The 341 carat diamond was recovered over the holiday period from milling of ore sourced from the south western quadrant of the South Lobe M/PK(S) unit. The recovery of large gem quality diamonds from the M/PK(S) unit of the South Lobe is in line with expectations and historical South Lobe recoveries.  Eira Thomas, Lucara's CEO commented: "Lucara is extremely pleased to be starting off 2021 with the recovery of a 341 carat high quality white gem diamond that builds on previous historic recoveries which include the 549 carat Sethunya, 998 carat, 1758 carat Sewelô, the 1109 carat Lesedi La Rona and the 342 carat Queen of the Kalahari.   The 341 carat diamond represents the 54th diamond greater than 200 carats to be recovered from Karowe since 2015. The consistent recovery of these la...

Botswana Diamonds receives permission to sell Diamonds recovered from Thorny River The Botswana Diamonds, associate Vutomi, received permission to sell diamonds recovered during bulk sampling at their Thorny River project. Untill, 256 carats of rough diamonds had been recovered. The sale of diamonds from bulk sampling will enable funding of further development by Vutomi. Sequence of bulk sampling site being worked, Consent received for the sale of diamonds, Sale of diamonds will fund further exploration activity and Mining Permit application accepted for coveted portion of the contiguous Marsfontein farm! Trenching by Botswana Diamonds has identified a ‘hotspot’ at Thorny River with a thick kimberlite intersection of four metres wide, suggesting a kimberlite blow.  256 carats of rough diamonds have already been recovered from re-commissioning the processing plant.  The bulk sampling programme will generate short-term cash flow, whilst building the mineral r...

Ghaghoo diamond mine The primary asset in Botswana Gem Diamonds Limited has entered into a binding agreement with Pro Civil (Pty) Ltd for the sale of 100% of the share capital of Gem Diamonds Botswana Proprietary Limited (GDB). Pro Civil is a company registered in Botswana. GDB's primary asset is the Ghaghoo diamond mine in Botswana which has been on care and maintenance since March 2017, and which is wholly owned by GDB.    GDB reported for the period ended 31 December 2018, loss before tax of BPW 49.5 million (US$ 4.9 million) and, as at the same date, had gross assets of BWP 42.3 million (US$ 3.9 million). Under the share sale agreement, Pro Civil will make a once-off upfront payment of US$5.4m for the share capital of GDB.   Gem Diamonds will use the sale proceeds for general corporate purposes.   In addition, Pro Civil will assume the environmental liability currently associated with GDB.          ...

1,758 carat diamond   recovered from Karowe Recently Lucara Diamond announces the recovery of a 1,758 carat diamond from its 100% owned Karowe Diamond Mine located in Botswana. One of the largest diamonds in recorded history, the largest diamond recovered in Botswana, and the largest diamond to be mined at Karowe to date, the unbroken 1,758 carat stone was recovered through Lucara's state of the art XRT circuit, commissioned in April 2015. Weighing close to 352 grams and measuring 83mm x 62mm x 46mm, the diamond has been characterized as near gem of variable quality, including domains of high-quality white gem. Further detailed analysis is ongoing. Since commissioning of the XRT circuit in 2015, a total of 12 diamonds in excess of 300 carats have been recovered at Karowe, including 2 greater than 1,000 carats, from a total production of approximately 1.4 million carats. Of the 12 +300 carat diamonds recovered, 50% were categorized as gem quality with 11 sold to d...