Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
Anglo (AAL) American Plc’s Namdeb Diamond Corp., a producer of gems in Namibia, said it’s raising output at its Elizabeth Bay mine by 32 percent one year after resuming operations and plans to extend mining there beyond 2015.