Petra on a roll, recovers another big stone at Cullinan

Petra Diamonds has recovered a 209.9 carat D colour Type II gem quality diamond at its Cullinan diamond mine, in South Africa.

Yesterday

International Diamond Council elects new leadership

The International Diamond Council (IDC) has elected Julien Drybooms as its new Chairman, while Pol van der Steen is the new Vice-Chairman.

Yesterday

Botswana unveils oval-shaped 20-carat blue diamond

Botswana's state-owned Okavango Diamond Company (ODC) has unveiled a rare 20.46 carats blue diamond named "The Okavango Blue" in honour of the Okavango Delta, the country's wildlife-rich world heritage site.

Yesterday

Four up for diamond ore theft in Marange

Four suspected armed robbers facing accusations of stealing diamond ore belonging to the Zimbabwe Consolidated Diamond Company (ZCDC) in Marange on March 24 last year, were remanded in custody to April 17 for trial.

Yesterday

Stornoway announced changes to senior management

Stornoway Diamond Corporation announced the appointment of Dino Rambidis as Chief Financial Officer of Stornoway, effective immediately, replacing Orin Baranowsky.

Yesterday

U.A.E., 9 Other Jurisdictions Added to EU Tax-Haven Blacklist

27 march 2019
(Bloomberg) - European Union finance ministers agreed to add 10 countries to a blacklist of alleged tax havens, including the United Arab Emirates and Bermuda, despite last-minute push-back by some EU nations. The agreement means the list will now have 15 jurisdictions, triple the number of what it had before the review. It comes just over a year after the EU agreed to “name and shame” a small number of nations as part of its efforts to fight opaque practices that facilitate tax avoidance by multinationals and individuals.