Petra Diamonds sells half its stake in Williamson mine

Buyer is Tanzania-based technical services contractor Taifa Mining, which will pay $15 million to become Williamson's co-owner.

Cecilia Jamasmie | May 31, 2023 | 3:39 am

Botswana says it is still keen on De Beers partnership, confident of new deal

President Mokgweetsi Masisi threats to walk away from the negotiations if Botswana fails to secure a bigger share of rough diamonds produced by Debswana.

Reuters | May 30, 2023 | 7:35 am

Namibia considers taking stakes in mining and petroleum companies

Namibia is one of Africa’s biggest producers of diamonds and largest of uranium.

Bloomberg News | May 29, 2023 | 11:11 am

Botswana president insists on bigger share of diamonds from De Beers venture

The country will not back down on demands for a bigger share of rough diamonds from JV with the company, Mokgweetsi Masisi said.

Reuters | May 25, 2023 | 9:12 am

Dubai Diamond Exchange, Sotheby’s unveil world’s largest ruby

The Estrela de FURA – a 55.22 carat stone – is expected to fetch in excess of $30 million.

Staff Writer | May 22, 2023 | 11:14 am

Gem trader HB Antwerp eyes African diamonds after Botswana pact

The firm is looking for potential deals to process rough diamonds in countries including Namibia, South Africa, Lesotho and the DRC.

Reuters | May 19, 2023 | 8:24 am

G-7 to chase Russia’s diamonds while stopping short of total ban

Earlier attempts to sanction Russian gems in Europe have met resistance from importer nations like Belgium.

Bloomberg News | May 19, 2023 | 8:14 am

Ultra-rare Bulgari Laguna Blu diamond sells for $25 million

The exceptional blue diamond found a buyer after a four-minute bidding battle between three telephone bidders and one bidder in the room.

Staff Writer | May 18, 2023 | 10:17 am

G7 to discuss diamond trade with future Russia sanctions in mind – EU official

Poland in April presented a proposal for a new set of sanctions on Russia for waging war against Ukraine, including oil and diamond imports.

Reuters | May 18, 2023 | 8:47 am

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Star Diamond acquires Rio Tinto’s 75% interest in the Fort à la Corne diamond project

Researchers evaluate paths to create super diamonds

Gemfields loses sparkle as profit falls 86% on cancelled auction

Gemfields warns of $2.8 million loss on write-down

Lucapa finds Lulo mine’s fifth-largest diamond

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