Botswana’s rough diamond exports plunged 68% in the second quarter of the year, data published by the central bank showed on August 7, as the COVID-19 pandemic affected demand, and trade. Sales of rough diamonds from Botswana fall due to a travel ban and production crunch linked to the coronavirus pandemic https://t.co/ceCYYrrW9f — Bloomberg (@business)…
Tag: diamonds
De Beers diamond mining to cut jobs
Diamond mining company De Beers is likely to have to cut jobs, its chief executive said on Thursday July 30, as it outlined strategy for an overhaul of its business after the coronavirus pandemic crisis hit demand for jewellery. De Beers to overhaul its business after Covid battering 🔒 https://t.co/qG9pjOkJyS — Business Day (@BDliveSA) July…
US curbs Marange diamonds import
Zimbabwe denounced a U.S. administration decision to curb imports of diamonds from its Marange field, branding the claim the country uses forced labor at the operations “a shameless lie.” U.S. Customs & Border Protection issued a Withhold Release Order for artisanal rough cut diamonds from Zimbabwe’s Marange diamond fields on Oct. 1, 2019 due to…
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