Diamond recession pose a risk for Botswana’s rating
Moody reported that a possible sharp hike in public debt and lower revenue due to persistant slump in diamond demand could put Botswana credit ratings at risk for downgrade. For full story, click...
View ArticleHigh grade diamonds recovered from Botswana
Diamond mining and exploration company Firestone Diamonds Plc revealed that it expects annual revenue of up to $30 million from the high grade and diamond values recovered from a kimberlite site in...
View ArticleLiberia’s govt. is unable to stop illegal mining of diamond deposits
Liberia’s government is unable to curb the illegal mining of gold and diamond deposits because of a lack of resources, denying the state millions of dollars in revenue. For full story, click...
View ArticleDiamond Sparkles: Juniors Jump
The discovery of a 507 carat white diamond has proved to be encouraging news, not just for Petra Diamond which discovered the gem, but for the industry as a whole. Improving demand and positive...
View ArticleZANU-PF Officials Accused of Defrauding Diamond Miners
Zimbabwe police have been called upon to investigate claims that officials solicited funds from mining companies under false pretenses.Continue reading...
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