Gem Diamonds soars as it finds seventh giant rock this year

To say Giustra has the Midas touch is an understatement.

"Smart blasting, mineral pre-concentration, novel flowsheets and new grinding technologies are just a few of the different strategies which can improve cost effectiveness."

"There's no point in cutting off your nose to spite your face just to achieve an end."

The new fund plans plans to invest between $5 million and $20 million in each miner.

Parliamentary committee found "serious discrepancies" between what diamond companies claimed to have paid in local taxes, and what the government said it had received.

Tiffany Chen, co chairman of China Star Entertainment Limited, named the gem "The China Star Diamond."

The two countries will focus particularly on improvements for alluvial extraction.

It's a rip off.

Deputy President to meet with business, labour and government reps on Friday.