G7 Announces Botswana as Second Verification ‘Node’ for Rough Diamonds
Botswana joins Antwerp as a certification center for rough under the G7 ban on Russian diamonds.
The G7’s diamond technical team and Botswana jointly announced the news Wednesday, the second day of the annual Facets diamond conference in Antwerp.
The new president of Botswana, His Excellency Duma G. Boko, made his diamond industry debut at the conference Tuesday, speaking about his country’s role in enhancing transparency and accountability in the supply chain.
“Botswana is committed to pioneering traceability and responsible mining practices, ensuring that our diamonds not only shine in beauty but also embody integrity and ethical stewardship,” Boko said.
The G7 import ban on non-industrial diamonds “mined, processed, or produced” in Russia went into effect on Jan. 1 of this year, nearly two years after the country’s invasion of Ukraine.
Diamonds were part of a broader swath of measures G7 members said they would be undertaking in order to make it more difficult for Russia to fund its war in Ukraine.
The G7 is comprised of the United States, United Kingdom, Japan, Italy, Germany, Canada, and France. The European Union is a non-enumerated member.
On March 1, the ban expanded to include diamonds mined in Russia but cut and polished in other countries, and a verification “node”—an office that could certify the origin of rough diamonds and issue G7 certificates—opened in Antwerp.
But the office was plagued with delays and there was near-universal objection in the diamond industry to there being a single checkpoint for all diamonds entering G7 nations.
Players including Jewelers of America, De Beers Group, India’s Gem & Jewellery Export Promotion Council, the African Diamond Producers Association, and even the Antwerp World Diamond Centre (AWDC) voiced their opposition to a single-node system.
Less than two months after the March 1 ban went into effect, AWDC CEO Ari Epstein stepped down after 13 years in the position and 19 years with the organization.
Karen Rentmeesters took over and since has publicly expressed support for the establishment of additional rough diamond certification centers outside Antwerp.
Supporters of opening additional verification centers scored another victory in June when Belgium Prime Minister Alexander De Croo, whose government backed the single-node system, resigned after his party suffered heavy losses in the general election.
On Wednesday, AWDC issued a statement on the addition of Botswana as a verification “node,” with Rentmeesters stating, “The Belgian Diamond Office, the import and export body that implements the most rigorous physical and administrative controls, is globally recognized as the benchmark for transparency—a role we take immense pride in.
“We are now sharing this carefully built knowledge and technical expertise with other countries like Botswana. Essentially, we are offering a blueprint that meets today’s requirements for compliance and transparency.”
The G7 said the teams in Belgium and Botswana conducted a comprehensive gap analysis of the framework in place in Botswana to certify the origin of rough diamonds.
Botswana is now working with the G7’s diamond technical team to address any identified gaps.
The goal is for the country’s export certification node to be operational “as soon as possible” in 2025.
The Latest
The boards of at least five chapters have resigned in response to controversial statements the WJA national board president made last month.
Five new designs were added, all donning Tahitian cultured pearls and spear-like trident motifs, along with the new “Titan” setting.
The inaugural event is being co-hosted by the American Gem Society and the Gemological Institute of America.
The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
Jewelers of America’s Annie Doresca and AGTA CEO John W. Ford Sr. are among the new members.
The jeweler’s latest high jewelry collection looks into the Boucheron archives to create a “living encyclopedia of high jewelry.”
Watch and jewelry sales slipped 3 percent in 2024, though the luxury conglomerate did see business pick up in the fourth quarter.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
Olivier Kessler-Gay will take over the role on March 3.
It hit a four-month low in January due to concerns about the job market, though consumers remain bullish about the stock market.
The jewelry designer and master metalsmith will present on the ancient Japanese metalworking technique at the Atlanta Jewelry Show in March.
The “Moments” social media campaign emphasizes the emotional ties between natural diamonds and life’s special milestones.
The versatile “As We Are” collection features 14 pieces with interlocking designs allowing for 27 different looks worn around the body.
Letsile Tebogo will help to promote natural diamonds and the good they have done for his country.
The showcase, in its second year, will feature more than 20 international brands at its curated event from Feb. 2-4.
“My Next Question” guests Sherry Smith and Edahn Golan share their 2025 forecasts, from sales and marketing to what retailers should stock.
The seminar series covers topics from market trends and colored stone terminology to working with museums and growing an Instagram profile.
LeVian is remembered for his leadership in the jewelry industry and for being a selfless and compassionate person.
Monishkumar Kirankumar Doshi Shah pleaded guilty to evading customs on more than $13.5 million of jewelry imported into the U.S.
Jemora Gemhouse’s inaugural auction, slated for March, will take place in Dubai and feature polished sapphires.
Quinn partnered with Gemfields to create “Crazy Love,” which features Zambian emeralds and Mozambican rubies across 10 pieces.
The catalog is 48 pages and features more than 100 styles.
The one-of-a-kind necklace was designed in celebration of the Chinese New Year, as 2025 is the Year of the Snake.
The gemstone show is slated to take place at the Scottish Rite Cathedral.
The suspects are accused of planning to kidnap a Miami jeweler and rob him of his cryptocurrency.
Francis “Gosh” Eiseb, 58, was a senior protection officer for Namib Desert Diamonds, also known as Namdia, in Windhoek, Namibia.
The online diamond and jewelry marketplace has expanded, introducing a new platform dedicated to colored gemstone trading.