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BOTSWANA: DE BEERS SUPPLIED ROUGH WORTH $800 MILLION IN 2016

De Beers has exceeded the local cap of rough diamonds supplied to Botswana factories in 2016
Rough Diamonds De Beers
Credit: De Beers

Botswana’s Diamond Hub, The industry in charge of promoting diamond beneficiation in Botswana, has reported that De Beers “supplied rough stones worth more than $800 million to local cutting and polishing companies last year, exceeding the local cap”, according to Rough & Polished.

 

In 2015, according to the report, Botswana’s cutting and polishing companies received $502 million worth of rough, and $936 million in 2014.

 

Diamond Hub deputy director Diana Moabe said: “2015 was a challenging year for the local rough diamond and cutting polishing industry, however there was an improvement in 2016 as they acquired rough worth more than $800 million”.



Tags: diamonds, diamond industry, De Beers, Botswana

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