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”.
