Lesotho’s richest man wants to become Prime minister
Sam Matekane started out as a 22-year-old donkey farmer and made his fortune in diamond mining. He launched his party six months before the election. […]
Diamond
DRC: Mining contracts have been published as requested by the International Monetary Fund
The various memorandum of understanding and mining contracts required by the International Monetary Fund have been published. They both concern Sokimo and Miba. These contracts […]
Zimbabwe’s parliament drops Mugabe’s $15 billion diamond probe
Zimbabwe’s parliament on Monday backed down from its decision to demand former president Robert Mugabe to answer questions related to the looting and loss of […]
Namibia economy slips into recession
Namibia has dropped into recession after its mining-fueled economy contracted in the final two quarters of last year, the statistics office said on Thursday. According […]
Diamonds bigger than 100 carats unearthed in Lesotho
A miner in South Africa has discovered two huge diamonds, each bigger than 100 carats in a Lesotho mine, local media reports. Gem Diamonds Ltd […]
Sierra Leone’s 706-carat diamond auction fails in Belgium
Sierra Leone government on Thursday fails to sell one of the world’s largest diamonds at an auction in Belgium. The large stone of 706-carat was […]
Diamond-rich Botswana’s GDP to grow above 4%
Botswana’s central bank on Monday said it expects the economy of the southern African nation to grow by more than 4 percent in the next […]
Botswana Hopes to Revamp its Ailing Diamond Industry
Diamond sector key stakeholders are converging to discuss Botswana’s capital Gaborone this week to discuss the future of the industry that currently faces enormous challenges […]