March 19, 2018 Moti doubles Zimbabwe investments as economy seen opening up Moti Group is preparing to double its investments in Zimbabwe to $500 million after the removal of Robert Mugabe as president in November.
March 19, 2018 Zimbabwe changes majority black ownership for diamond, platinum mines The mpowerment laws now limit majority ownership by state miners only to the diamond and platinum sectors, as oppose to the entire mining sector.
March 16, 2018 De Beers, Mountain Province go after Kennady Diamonds to expand joint Canadian mine The partners in Canada's Gahcho Kué mine, Mountain Province, said the planned acquisition opens up some potential new options for the operation’s future.
March 15, 2018 Zimbabwe ownership law stymies RioZim’s bold expansion plan RioZim Ltd., a Zimbabwean diamond, nickel and gold miner, wants to more than double output of gemstones at its Murowa mine.
March 15, 2018 Russian diamond company Alrosa posts 28% profit fall The average price of its gem-quality diamonds fell by 9% in 2017, it said, citing "changes in the product mix".
March 14, 2018 Gem Diamonds soars as it finds seventh giant rock this year It's a 169-carat, top white colour Type IIa rock diamond dug up at the company's flagship Letšeng mine in Lesotho.
March 13, 2018 Fifth-largest gem quality diamond in history sold for $40 million Gem Diamonds found the 910-carat diamond, named "The Lesotho Legend," in January.
March 12, 2018 Newfield acquires Stellar Diamonds for $23.6 million Under the deal, Newfield will lend Stellar $3 million to help it over its immediate short-term cash needs, while undertaking a right issue to raise A$30 million (roughly $23.6m) to…
March 9, 2018 South African diamond provides new clues on Earth’s internal processes A mineral usually found at depths of 700 km found ensconced within diamond near Earth’s surface for the first time.
March 7, 2018 Beny Steinmetz’s mining firm BSGR enters administration to protect itself As well as facing legal action, BSGR, which denies any wrong-doing, is suing financier George Soros for $10 billion in damages over lost contracts.
China’s November net gold imports via Hong Kong more than doubled from October Spot gold prices have risen about 72% this year, hitting a record $4,549.71 an ounce on Friday, the biggest annual gain since 1979. December 29, 2025 | 07:35 am
