Mugabe to face legislators over his previous pronouncements that the state had been deprived of at least $15 billion in diamond revenue by mining companies.
Diamond Mining News
The 25.97-carat rough emerald is considered both “rare and exceptional” given its size, colour saturation and clarity.
The DIVA museum has a butler that allows visitors to peek inside various rooms where precious treasures are kept.
Russia's Kristall cuts around 300,000 carats annually and generates revenue of around $200 million.
The United Selling Organization (USO) of ALROSA sold 101 special size rough diamonds with the total weight of 1751.1 carats.
The 46-carat pink diamond is the largest coloured gem-quality stone ever recovered at the company's Lulo project.
The two companies will exchange past exploration information on areas prospective for diamonds in Zimbabwe and form a jointly-owned special purpose vehicle to develop and exploit diamond resources.
The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it was placed under judicial management last year.
The rock weighed 327 carats and it is a top white gem diamond.
Gold and diamond companies joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced.
The agreement continues positive cooperation experience between the parties and expands bilateral interaction in line with new challenges of the market.
The company's revenue jumped a whopping 174% in the first quarter of the year thanks to strong demand for its rough rocks and the sale of a 910-carat diamond, the fifth-largest ever found.
Project is located about 100 km south of Jwaneng, the world’s richest diamond mine.
Namibia may scrap requirements for black ownership in mining as it seeks to woo investors to an industry that is rebounding with the commodities cycle.
The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.
The UK miner, which is the world's top coloured gems producer, is also adopting a new technology to further drive transparency in the sector.
Revenue for the quarter ended March 31 climbed 44% to $172 million, while production jumped 20% to a record quarterly volume of 1,194,947 carats.
The gem’s final price nearly tripled Sotheby’s pre-sale estimate.
China already actively seeking opportunities.
Former leader Robert Mugabe will have to answer questions next month about whether the state was deprived of $15 billion in diamond revenue.
Alrosa's production fell by 17% in the first three months of the year mainly due to the halt of its Mir underground mine and lower-grade ores processed from the Jubilee pipe.
The world’s top diamond miner will train artisanal and small-scale miners and provide them with tablets as well as a diamond “toolkit” to digitally track their stones throughout the supply chain.
A planetary “embryo” gave origin to the meteorite fragments that form the Almahata Sitta collection.
Arctic Star reports positive results from The Timantti Diamond project.
The company raised prices a similar amount in its previous sale at the end of February.