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Diamond Mining Company, a joint venture firm between the state-run Zimbabwe Mining Development Corporation and Dubai-based Pure Diamonds, has applied for permission from the global diamond trade watchdog, Kimberley Process (KP), to be allowed to export...
Diamond-rich Botswana has been left disheartened by Global Witness’s decision to pull out of the Kimberley Process after it branded the scheme as riddled with flaws and loopholes, APA can report.
The latest discovery of Lesotho’s diamond mine, Letšeng, called “Letšeng Star” with a weight of 550 carat has been sold to an undisclosed buyer for $16.5 million, Letšeng Diamonds company said in a press release.
The Botswana government is to set up a trading company that will be responsible for the sale of the country’s diamonds, in light of new agreement with world diamond producer De Beers, in a bid to directly accrue revenue for the state.
A high-profile team from the global diamond watchdog Kimberley Process is set to visit Zimbabwe this week to assess the state of the country’s diamond industry which has attracted negative publicity over alleged human rights abuses.
A flawless, 43.51 carat yellow diamond will be sold via a U.S. Marshals online auction starting September 6. The notable diamond appears on lists of the top diamonds in the world.
How People Arrived Here: diamond carat, yellow diamond
The World Diamond Council (WDC) has refuted claims by the Congolese head of the global “blood diamonds” watchdog that Zimbabwe’s Marange diamonds have been cleared for sale, insisting Monday that no consensus was reached at last week’s meeting...
Zimbabwe has insisted it will defy moves at an ongoing meeting of the global diamond watchdog Kimberley Process to restrict sales of diamonds from its disputed Marange fields, the state-run The Herald daily newspaper reported Tuesday.
China will back the resumption of exports of Zimbabwean diamonds during the next meeting of the global diamond watchdog Kimberley Process, Beijing’s top envoy to Harare Xin Shunkang said Wednesday.