A 20.47-carat diamond ring is a top seller at Christie’s, New York

A 20.47-carat brilliant-cut, D-colour, type IIa diamond ring fetched $2.7 mn at Christie’s Sales of Magnificent Jewels in New York on June 12, 2018.


Petra raises $170 mln to lower swelling debt

Petra Diamonds said its shareholders have approved a rights issue to raise about $170 million to help lower its debt, which was $622 million at the end of March.

15 june 2018

Stornoway Announces Board Appointment

Stornoway Diamond Corporation announced the appointment of Michele S. Darling to the Corporation’s Board of Directors.

15 june 2018

Mugabe will no longer give evidence on missing Marange diamond revenue – report

Zimbabwe former president Robert Mugabe will no longer appear before a parliamentary portfolio committee on mines to give oral evidence about Marange diamond revenue pillaged during his rule, according to media reports.

15 june 2018

Queen Mary’s diamond tiara is back for the Royal Wedding

Meghan Markle chose to wear Queen Mary’s Diamond Bandeau tiara for her wedding to Prince Harry on May 19, 2018. The tiara belongs to Queen Elizabeth II, who lent it to Meghan for her wedding day.

15 june 2018

Will Foreign Investors Help Zimbabwe To Transform Itself?

16 may 2018

(idexonline.com) - Six months after Robert Mugabe was ousted from office, there appears to be a new-found confidence among investors that Zimbabwe has, at last, become a place where they can safely do business. Recently, Botswana Diamonds signed a Memorandum of Understanding with gold miner, Vast Resources, which will see the firms exchange information derived from past exploration on areas prospective for diamonds in Zimbabwe. In addition, they will create a jointly owned body which will develop diamond resources in the southern African country in line with Zimbabwe's joint ownership laws as they relate to diamonds. "Zimbabwe is a country with excellent diamond potential,” said John Teeling, Chairman of Botswana Diamonds.  “Both Botswana Diamonds and Vast Resources have extensive experience in and knowledge of the country.  It is opening for business and both companies are keen to make the most of this opportunity.”


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