LGDs’ growth worsens the market: BoD
Global diamond demand remains uneven in 2025 Recently in the second week of December 2025, John Teeling, Chairman, Botswana Diamonds [BoD] reviewed diamond market at the occasion of announcing their, Annual Results for the Year Ended 30 June 2025. He said, I am pleased to present the Chairman’s Statement for the year ended 30th June 2025. This has been a very difficult year for the diamond industry but a year of significant progress for Botswana Diamonds plc, characterised by strategic expansion, the adoption of advanced technologies, and the strengthening of our asset base across both diamond and critical metal exploration. We enter the next phase of our development with renewed confidence, a broader portfolio, and a roadmap for value creation. Under the Market Overview, he said, the Global diamond industry experienced another challenging year, characterised by muted consumer spending and continued uncertainty in several major ...