Brazil judge blocks decree allowing mining in Amazon

The boom in Zimbabwe ‘s diamond industry has not translated into improved living standards for ordinary citizens, as proceeds from gems’ sales benefit a few politically connected individuals and finance undercover security operations, AllAfrica.com reports.

A revised life-of-mine plan at Harry Winston Diamond Corp’s Northern Diavik diamond mine has taken some of the shine off the company’s stock.

Canada’s federal government opened a can of worms Wednesday after announcing that a national park, to be created in the North of the country, will be smaller to make room for mining endeavours.

Gertler, 38, used his relationship with DRC president  Joseph Kabila and Kabila's now late adviser Augustin Katumba Mwanke to bag mining projects "by stripping from others if necessary, only to sell them on at great profit."

The Australian diamond company Lonrho Mining dazzled investors Tuesday as the company confirmed the finding of two huge diamonds from the Lulo project, in northeastern Angola.

Toronto-based jeweller Harry Winston Diamond, which is looking to become the sole owner of Rio Tinto’s Diavik Mine, in Canada's Northwest Territories, said the mine has another 11 years to go and a current net value of $2.6 billion.

Alrosa announced this week that it sold rough diamonds to the Russian state gem repository Gokhran for the first time in three years.

Angola's state-run diamond company Endiama has partnered with six other firms in order to explore a mining concession in the regions of Lunda Norte and Sul.

Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond mining, distribution and marketing company for more than 80 years.