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17/09/2024 08:41Not even a month after they made the news with the second largest diamond in the world, Lucara Diamond announced the recovery of an extraordinary 1,094 carat rough diamond from its Karowe Mine in Botswana. Lucara can confirm that this stone will be polished by HB Antwerp, much like a similar one recovered by them in August 2023.
This marks the sixth +1000 carat stone recovered by the company. The size and quality of this diamond highlight the unique characteristics of the Karowe ore body and reinforce Lucara’s position as a leading producer of large, high-quality diamonds.
14/08/2024 11:21According to JCK News, Botswana's mining minister Moagi told local parliament that the government is looking into increasing a planned buy-in of HB Antwerp, originally stated to be 24% for US$65m, implying HB Antwerp's valuation stood at US$278m at that time. According to Moagi, that same amount of investment would now warrant a 49.9% stake, citing the current depressed market as a reason for HB Antwerp's value to have decreased.
29/03/2023 11:01On 27 March, HB Antwerp officially opened the doors of HB Botswana, the company’s first branch outside Antwerp. During the inauguration ceremony, H.E. Dr. Mokgweetsi E.K. Masisi, President of Botswana, announced a strategic partnership between the Government of Botswana and HB Antwerp whereby the Government will invest in HB by acquiring a 24% equity stake in HB Antwerp.
30/06/2022 06:18On Tuesday, President Masisi of Botswana, the First Lady, and a large delegation including the country's Minister of Minerals and Energy Moagi and Minister of International Affairs and Cooperation Kwape visited the Antwerp diamond community.
07/04/2022 10:52Africa Intelligence reports that Botswana’s President Masisi, speaking at a gala dinner hosted by Lucara Diamonds, is adding pressure to the negotiations with De Beers on a renewed Debswana contract, the 50/50 joint venture between the government and De Beers. In the current agreement, 75 % of Debswana’s rough is sold via De Beers, 25% is sold via the state-owned Okavango Diamond Company, the latter achieving record sales revenue via its sales in Antwerp last year.
21/10/2021 11:18The Democratic Republic of Congo’s new minister of mines, Mrs Antoinette N’Samba Kalambayi and a high-level delegation of representatives of various DRC government agencies supervised by the Mining Ministry was welcomed in Antwerp yesterday by the AWDC and met with several stakeholders of Antwerp’s diamond community. The DRC’s first female mining Minister, a well-known civil rights activist, was appointed to lead the key position in April of this year.