U.S. sanctions Israeli billionaire Gertler over Congo deals
US Treasury said Gertler has used his close relationship with the country’s president, Joseph Kabila, to amass a fortune through corrupt and opaque deals.
Zimbabwe's incumbent ZANU-PF party has ordered police to launch an investigation of claims that five provincial leaders defrauded over a million dollars from various diamond mining companies
Western Australia has a growing international reputation as a major source of pink and other coloured diamonds, as well as beryl, topaz, tourmaline and gem-quality quartz.
Exploration investment in the country reached a record high of $3.9 billion in 2011, with the three territories receiving 22% of the total international spending for the year.
C. Fipke Holdings Ltd. (Fipco), a joint-venture partner, is suing BHP Billiton over its plan to sell its stake in Canada’s Ekati diamond mine and nearby exploration properties to Harry Winston Diamond Corp