Gem Diamonds in talks with Lucara

Located approximately 400 kilometres northwest of Edmonton, the Buffalo Hills project includes 21 mineral leases covering 4,800 hectares.

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

India's cut and polished diamond exports have been faltering due to weak demand from the key market, China.

This is the eighth stone over 100 carats found at the Letšeng mine in 2024.