De Beers cuts prices for smaller diamonds

This time is a 114-carat white stone.

Over 80 percent of the total workforce earn a piece rate of 1 to 25 rupees for each stone they polish and have no social benefits.

The 0.50-carat stone was found at the company’s Karpinskaya-1 pipe, located in the northern Arkhangelsk Region.

Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.

Production at Lucapa's 40%-owned Lulo project, in Angola, rose 20% during the June quarter.

Mineral Resources Minister Gwede Mantashe believes mines on care and maintenance are bad for the economy.

The Kimberley Ekapa joint venture focuses on mining in the South African town of Kimberley.

Australia’s Lucapa Diamond (ASX:LOM) has found an 89-carat yellow diamond at its 70%-owned Mothae mine in Lesotho during the current bulk sampling program.

Company says that changes made to the crushing circuit will positively impact the plant’s performance,