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Belgian gem trader HB downsizes Botswana operations after failed supply deal

This post was originally published on this site.Belgian gem trader HB Antwerp is scaling back its Botswana operations after failing to secure rough diamond supplies from State-owned Okavango Diamond Company (ODC), a senior company official told Reuters. Former Botswana President Mokgweetsi Masisi announced a deal in 2023 to acquire a 24% stake in HB Antwerp...

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Big boost for platinum, palladium as China exchange internationalises trading

This post was originally published on this site.From Monday, September 28, China will give international investors access to trading in palladium and platinum on the Guangzhou Futures Exchange (GFEX), where domestic exchange activity has been improving price discovery since the launch in November last year. Now, the GFEX’s investment scope is reaching out to foreign...

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