Congo’s Gecamines offers $1 million to block Chinese deal with Chemaf
Chemaf agreed to sell its assets to Chinese defence and industrial giant, China North Industries Corp, or Norinco in June.
Namibia’s diamond in the first five months of 2011 totaled 528,333 carats, declining 8.9% compared to last year, according to Ministry of Mines and Energy figures released by broking firm IJG on Friday and quoted by Reuters.