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Botswana mining growth seen flat amid dim diamond outlook

Debswana, a joint venture between Botswana’s government and Anglo American Plc’s De Beers, which produces almost all of Botswana’s diamonds, registered an 8% growth in output in 2022 to 24.1 million carats. Diamond trading grew 41% in the year as Botswana also benefitted from Western buyers shunning stones from Russia following its invasion of Ukraine.

In 2023, Botswana expects diamond output to decline by 1%, while diamond trading growth is seen slowing to 7% from 41% last year.

“We see the diamond sector having a bit of a tough year due to an expected slowdown in consumer demand particularly in

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Fire accident – 20 residents trapped in Diamond City North fire in Nagerbazar

A fire broke out in a flat on the 16th floor of a 17-storey building at the Diamond City North housing complex in northeast Kolkata’s Nagerbazar and spread to two more apartments on Wednesday afternoon.

At least 20 residents living in the tower that caught fire were trapped in the smoke in various parts of the building. Thick fumes had enveloped the staircase and made it difficult for the occupants to come down by themselves.

Officials of the fire department said all the trapped residents had been rescued unhurt. Among those stuck were several elderly persons and at least one

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CA$0.04 loss per share (vs CA$0.085 profit in 3Q 2022)

Diamond Estates Wines & Spirits (CVE:DWS) Third Quarter 2023 Results

Key Financial Results

  • Revenue: CA$9.11m (up 8.5% from 3Q 2022).

  • Net loss: CA$1.18m (down by 158% from CA$2.02m profit in 3Q 2022).

  • CA$0.04 loss per share (down from CA$0.085 profit in 3Q 2022).

earnings-and-revenue-history

earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Diamond Estates Wines & Spirits’ share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we’ve discovered 2 warning signs for Diamond Estates Wines & Spirits (1 is a bit unpleasant!) that you should be aware

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47 Diamond Street Tops Out in Greenpoint, Brooklyn

Construction has topped out on 47 Diamond Street, a three-story residential building in Greenpoint, Brooklyn. Designed by Paul Lombardi of Design Studio Associates and developed by 47 Diamond Street LLC, the 48-foot-tall structure will span 133,321 square feet and yield nine units with an average scope of 1,480 square feet, as well as a cellar level, a penthouse , and a 30-foot-long rear yard. Giron Contracting is the general contractor for the project, which is located on an interior lot between Nassau and Driggs Avenues.

Recent photos show the reinforced concrete superstructure built to its pinnacle and a dense mesh

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How Kiama’s ‘blue diamond’ helped build colonial Sydney, paving the way with basalt

The distinct hexagonal columns found at Kiama’s Bombo Headland Quarry on the New South Wales south coast, like those of the Giant’s Causeway in Ireland, are a natural phenomenon offering geologists insights into the Earth’s core mantle.

But they also tell a different story, one of hard-working men doing loud and dangerous mining work as old Sydney town established itself on the back of basalt.

Aboriginal and Torres Strait Islander readers are advised this story has a photo of people who have died.

First mined in the 1880s, basalt came to be known as Kiama’s blue diamond.

“Kiama’s blue diamond

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William Diamond | Obituaries | Cumberland Times News

Bill Bill John Diamond

William John “Bill” Diamond, 87, of Frostburg, passed away on Saturday, Feb. 18, 2023, at his home, surrounded by his wife, children, and grandchildren.
Born June 29, 1935, in Analipsi, Greece, he was preceded in death by his parents, John and Anna Diamond; brothers, Apostolis (survived by his wife, Efthimia), Dimitri (survived by his wife, Katerina), Christopher Diamond; sister, Vasiliki Grigoropoulos; grandson, Sean Diamond ,and twin great-grandsons, Louis and Francis Bradley.
Bill came to this country from Southern Greece in May of 1955, at the age of 19 with .05, landing at Ellis Island not knowing a single word of

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Camilla swaps the Kohinoor diamond for another controversial stone on her coronation crown

After much speculation, Camilla, the queen consort, won’t wear the controversial Kohinoor diamond that critics say was plundered under British rule — but some see the decision as an empty gesture.

The royal family announced this week that Queen Mary’s crown, which held a replica of the Kohinoor diamond, would be reset without the stone ahead of the coronation of King Charles III.

The crown will instead include the Cullinan III, IV and V diamonds as a tribute to Queen Elizabeth II. The stones, mined from South Africa, were part of her personal jewelry collection as brooches, but they are

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Penn State students show support for Thon in many ways

Hannah Gowdy was involved with mini-Thon at her high school and when she arrived at Penn State, her goal was to join the largest student-run philanthropy in the world — Penn State’s IFC/Panhellenic Dance Marathon.

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Better known as Thon, the 46-hour dance marathon that raises money for Four Diamonds families impacted by childhood cancer kicked off at 6 p.m. Friday. Gowdy, a senior, was previously on the Donor and Alumni Relations Committee and Communications Committee, then a special event chair and eventual primary chair for her sorority Tri Sigma.

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Now a dancer, Gowdy has seen Thon