Zimbabwe's secretary in the ministry of foreign affairs was quoted as saying Botswana had offered to lend Zimbabwe $500 million to support its diamond industry.
Canada's mining sector is going through dramatic change, but the industry remains bullish on growth, and miners increasingly believe innovation and advances in technology will reshape the industry.
Miner will pay a special dividend worth $4 billion, or $2.43 cent a share, as it recorded its highest annual underlying earnings in the last five years.
The rock, a unique transparent one with a visible yellow shade and of gem-quality, is the second major find since the launch of the Verkhne-Munskoye diamond deposit.
De Beers has invested in a synthetic diamond factory in the U.S. state of Oregon, which should produce more than half a million rough carats a year in 2020.
Ernst & Young’s Canadian Mining Eye index, which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior miners — dropped 2% in the last quarter of 2018.