Corruption runs rampant in Cameroon’s mining sector – report

President Emmerson Mnangagwa is making moves to end the country’s international isolation and attract foreign investment to boost an economy in tatters, including allowing new private investment in the diamond fields.

The operation will add to the Perth-based company annual output, until now on depending on just one mine —  Lulo, in Angola.

It may even allow foreign investors to hold majority stakes in local operations on condition that part of their output is reserved for domestic downstream industries.

Anglo American mines platinum, coal, diamonds and iron ore in South Africa.

The world’s top diamond producer held six auctions this year in the Middle Eastern country.

Gahcho Kué is Canada’s newest diamond mine and the world’s largest in the last 14 years.

News flow out of the diamond industry in 2018 has been dominated by the progression of lab-created diamond production, distribution and pricing dynamics.

Economic growth in Yukon and Nunavut is expected to surpass the rest of Canada due to new mine construction.

Synthetic diamonds are cracking the consumer market largely thanks to millennials' evolving shopping tastes. But are they the right choice for you?