Diamond

July 26, 2011

Diamond firm De Beers sees net earnings soar

Diamond mining group De Beers said on Tuesday that "exceptional" sales had nearly tripled net earnings in the first half to £423 million ($694 million), up from £155 million ($255…

July 26, 2011

Namibia proposes mining tax hike

Nambia?s ministry of finance said that Nambia plans to raise its mining tax by 17% to boost revenue, but the hike will not apply to the diamond sector. As per…

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