The company has mined 15.4 million carats of diamonds so far this year, compared with 15.6 million in 2019.
And hear one diamond industry analyst’s estimate of its potential value.
The “exceptional” stone went for about $1 million per carat and is the second natural color rough diamond purchased by the two companies.
“New Realities, Future Promise” will be held July 13-15 and introduce a new award for an industry member.
The non-invasive laser markings are imprinted inside the crystal lattice and can only be seen with a specialized scanner.
Though the mine closed in November, the company still sees ample opportunity for the brand.
The two-hour immersive experience gives visitors the chance to see all three galleries before the official grand opening early next year.
But unlike another 1000-plus-carat diamond recently uncovered by Debswana in the country, this is of variable quality.
Consumer desire for diamond jewelry remains strong while midstream demand in India is returning, the companies said.
Debswana uncovered the “high gem-quality” rough stone on June 1 at Jwaneng mine’s South Kimberlite pipe.
It follows artisans in Thailand and Vietnam who have found another use for lower quality rough stones.
The discovery at Crater of Diamonds comes after Christian Liden spent five years panning for enough gold to make the band.
The five “hero” stones include the largest fancy intense pink in the tender’s history.
But De Beers saw rough diamond sales stall as the COVID-19 crisis in India impacted manufacturing capacity.
A report by a nonprofit documented an alleged seven deaths and 41 assaults on artisanal miners at the Williamson mine in Tanzania.
The company has received credit-approved commitments from five financial institutions for the expansion of its Karowe Diamond Mine.
As the importance of mine-to-market grows, some worry about its feasibility for all the diamond industry’s players.