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Diamond

Angolan Minister Calls for Joint Measures to Curb Falling Diamond Priced

February 28, 2025 Geraldine Boechat 0

Angola’s Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, has called on Thursday February 27 for collective efforts to address the decline in global […]

Botswana and De Beers Finalize Landmark Diamond Deal After Six Years of Negotiations

February 27, 2025 Steven Addamah 0

Experts have expressed approval of the long-awaited rough diamond sales agreement between Botswana and South African mining giant De Beers, signed on Tuesday February 25 […]

Angola: Pushed by Luanda, Russia sells its shares in diamond mines

December 2, 2024 Steven Addamah 0

A few days before U.S. President Joe Biden’s visit to Angola, the country is pushing Russia to withdraw from its diamond mining operations, signaling support […]

De Beers has identified eight new potential diamond production areas in Angola

October 24, 2024 Steven Addamah 0

De Beers has identified eight new kimberlite deposits in Lunda Sul, Angola, and is in discussions with the Government to sell “some of the best […]

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South Africa: Diamond dealer suspected of €200 million fraud arrested

October 24, 2024 Steven Addamah 0

Authorities in South Africa have arrested nine suspects involved in a major diamond investment scam, with over 200 million euros reportedly stolen since 2019. At […]

Angolan Sodiam raises $13 million from diamond sales

October 18, 2024 Steven Addamah 0

Angola’s State diamond company, Sodiam, raised $12.9 million from the sale of 44 diamonds totaling 1,493 carats. The auction, held on October 16, featured stones […]

Angola’s diamond reserves estimated at over 700 million carats

September 13, 2024 Geraldine Boechat 0

Angola has diamond reserves estimated at 732 million carats, potentially worth $140 billion (125.7 billion euros) at an average price of $200 per carat, according […]

The world’s second-largest diamond discovered in Botswana

August 23, 2024 Steven Addamah 0

A Canadian mining company on August 22 announced the discovery of a massive diamond, the second largest in the world at 2,492 carats, from the […]

Central African Republic Suspends Chinese Mining Company Amid Allegations of Militia Ties

June 10, 2024 Geraldine Boechat 0

The Central African Republic government has suspended the operations of Daqing SARL, a Chinese gold and diamond mining company, due to alleged cooperation with armed […]

Angola’s current diamond situation “not good in market terms”

August 3, 2023 Steven Addamah 0

The chairman of the board of directors of Endiama, Angola’s State diamond company, said on Wednesday August 2, that the diamond market is not in […]

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