The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.
Tag: Diamonds
Diamond Found in Botswana Is World’s 2nd-Largest Ever at 2,492 Carats
The diamond was unearthed using new technology, and miners hope it will bring back luster to a struggling industry.
He Paid $13 for $13,000 Cartier Earrings, and Then the Jeweler Noticed
When Rogelio Villarreal bought rose-gold earrings for a price that the luxury retailer said was a mistake, he looked to a Mexican consumer protection law. He later said the company delivered the earrings.
Japan-Based NGO Looks Beyond Diamonds and Money
Mining can be dangerous, exploitative and harmful to the environment. Chie Murakami’s organization is aiming to change that by raising awareness and addressing the needs of miners.
Japan-Based NGO Looks Beyond Diamonds and Money
Mining can be dangerous, exploitative and harmful to the environment. Chie Murakami’s organization is aiming to change that by raising awareness and addressing the needs of miners.
Hezbollah Sanctions Case Highlights Frailties in the Art Market
In its indictment of a collector accused of helping the militant group, U.S. prosecutors presented evidence of how easily art sales can be used to evade sanctions and launder money.
What Would More Sanctions on Russian Diamonds Really Do?
The Group of 7 and the European Union are expected to issue new rules in an effort to slow the flow of revenue into the Kremlin’s war chest.
Botswana and De Beers Sign Deal to Continue Rich Diamond Partnership
Under the new joint mining agreement, Botswana will immediately get a 30 percent share of the rough stones extracted, up from 25 percent, and it will rise to 50 percent within a decade, De Beers and government officials said.
Botswana Supplies the World With Diamonds. It Wants More of the Profits.
Botswana, in southern Africa, has partnered with the London-based diamond giant De Beers for decades. Many in the country are pushing to get a better deal from the industry.
Jewels in Camilla’s Crown Will Not Include Famed Diamond Claimed by India
For the coronation of King Charles III and the queen consort, she will wear a century-old crown that does not include the storied Koh-i-Noor diamond, taken from India under British rule.