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Zimbabwe shifts diamond sales to Dubai

Zimbabwe’s biggest diamond producer has shifted almost all of its sales to Dubai, targeting cutters, polishers and traders and eliminating middlemen. Zimbabwe Consolidated Diamond Co. has auctioned 4-million carats of stones so far this year in the...

Murowa diamonds plane crash claims 6 lives

Six people were killed when a Murowa Diamonds plane crashed in the Zvamahande area near Mashava, Masvingo province.The cause of the crash which happened at around 7 AM is yet to be established as investigations are...

G7 Likely to Sanction Russian Diamonds – report

There is growing speculation that the G7 countries will announce sanctions on Russian diamonds in September. These sanctions, supported by a tracking system, may be put into effect in January, following the crucial holiday season, per a report...

De Beers’ Diamond Revenues Drop

Anglo-American's diamond subsidiary, De Beers, has reported a significant decline in diamond revenues for its latest sales cycle. Debeers announced that the seventh sales cycle of 2023, which took place between 14 and 29 August, generated only...

Vast to recommence diamond mining agreement, awaits diamond parcel release

Vast Resources has announced that it expects to finalize its mining agreement on the Community Diamond Concession in Marange, Manicaland Province.This comes after the High Court of Zimbabwe granted a default order relating to a historic...

New Alrosa Diamonds CEO hit by US sanctions

Pavel Marynichev, the recently appointed CEO of Alrosa, has been targeted by US sanctions, following in the footsteps of his predecessor Sergey Ivanov. According to IDEX Online, the US State Department revealed its decision earlier this month....

Masisi happy with the Debeers Diamond deal

In an interview with Bloomberg TV in Gaborone, Botswana’s capital, quoted by IDEX Online, Botswana’s President Mokgweetsi Masisi said that the newly signed agreement between Botswana and De Beers will greatly benefit the country’s economy.“We’re very happy...

Anjin Named the Lowest Paying Diamond Producer in Zimbabwe

Chinese diamond producer, Anjin Investments is the lowest paying entity among diamond producers in the country, the Centre for Natural Resource Governance (CNRG) and Zimbabwe Diamond and Allied Mineral Workers Union (ZDAMWU) revealed through a joint...

Botswana Refuses to Back Down in Demand for Greater Share of Rough Diamonds

Botswana's President, Mokgweetsi Masisi, stated that his country will not back down from its demand for a bigger share of rough diamonds from its joint venture with De Beers. This comes as talks for a new sales...

Vast finalizes recovery of Diamond parcel from Zimbabwe

UK miner Vast Resources says it is finalizing the recovery of a parcel of 129,400 carats of rough diamonds in Zimbabwe after a 12-year dispute. The company successfully sued the country's Mines and Mining Development Ministry early...

Phase 2 diamond drilling at Step Aside Project now complete

Prospect Resources Limited (ASX:PSC) is pleased to announce that the Phase 2 diamond drilling program at its Step Aside Lithium Project in Zimbabwe has now been completed.The Phase 2 program has built on the success of...

Chitando, DRC Minister to headline WFDB’s World Diamond Congress

The 40th World Diamond Congress, which will be held in Israel from 28-30 March 2023, will feature a full roster of illustrious speakers, from the world of diamonds and beyond, the World Federation of Diamond Bourses...

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