Firms wishing to trade diamonds or continue as an accredited diamond business must submit criminal records or proof of good conduct for the company and each senior officer, the Antwerp World Diamond Centre (AWDC) explained,
Gobusamang Keebine, president of the country’s largest private sector lobby group, Business Botswana, says he hopes the latest talks will bring “tangible changes” to the relationship between the government and De Beers.
Diamond market conditions improved in December as US and Chinese holiday demand helped raise sentiment. Polished prices stabilized and improved for sizes under 1 carat, supported by shortages of G+, VS2+ goods. High-end qualities (F+, VVS+) of 3 carats and larger diamonds remain weak.
Mothae and Lulo continued to underline their status as niche large stone producers during the Quarter, producing a total of 287 +4.8 carat diamonds for a combined 2019 total of 1,164. This included a combined total of five +100 carat diamonds.