Tag Archives: diamond

With new polishing hubs, traceability standards, and policy reforms, the continent is seeking a bigger share of diamond wealth SPECIAL REPORT | BIRD AGENCY | A new diamond polishing facility in South Africa has sparked discussions about beneficiation and ethical trade, as the continent seeks to capture more value from …

PRETORIA | TASS | A diamond weighing 2,492 carats has been found at the Karowe mine in northeastern Botswana, Canadian mining company Lucara Diamond Corporation said. This “remarkable” find is “one of the largest rough diamonds ever unearthed,” Lucara President William Lamb said in the statement. He recalled that the …

Luanda, Angola | Xinhua | Angola possesses a diamond reserve of approximately 150 million carats, which can be traded for 15 years to 20 years, according to officials from the Angolan state-owned diamond company. Miguel Vemba, the director of Mining Operations and Equity Management of ENDIAMA E.P., said that 80 percent …

Nairobi, Kenya | AFP | Athletics Kenya (AK) on Thursday lambasted a decision by the International Association of Athletics Federations (IAAF) to scrap the 5,000 metres from the Diamond League programme as “illegitimate”. Their protest was quickly followed by another from the Ethiopian athletics federation, that asked the IAAF to reconsider …

Kampala, Uganda | THE INDEPENDENT |  South African based Ugandan socialite Zari Hassan “The Boss Lady”, posted a black rose on social media on Valentine’s Day Wednesday, with the message “sadly I have decided to end my relationship” with hubby Naseeb Abdul Juma “Diamond Platnumz”. Here’s the post: Understand that this …

Geneva, Switzerland | AFP | The largest diamond ever offered at auction is set to go under the hammer in Geneva Tuesday evening, with bids expected to top $25 million. The “sensational” 163.41-carat flawless diamond, suspended from an emerald and diamond necklace called The Art of Grisogono, will be one of …

Freetown, Sierra Leone | AFP | Sierra Leone said Saturday miners had unearthed a huge 476-carat diamond, eight months after an even more valuable find in the country’s diamond-rich east. It appears to be the 29th largest diamond ever found, according to experts, but it is unclear what the hefty stone …

London, United Kingdom | AFP |British jeweller Graff said Tuesday it has purchased the world’s largest uncut diamond — roughly the size of a tennis ball — for $53 million (44.5 million euros). Canadian miner Lucara Diamond sold to Graff the 1,109-carat gem, the Lesedi La Rona, which was found …

Birmingham, United Kingdom | AFP | British athletics legend Mo Farah began the day taking a lap of honour in an open top Bentley and ended it by giving the crowd what they wanted in his final race on home turf — a victory. The 34-year-old, who had agonisingly fallen just …

Monaco, Principality of Monaco | AFP |  Jamaican sprint superstar Usain Bolt ran a season’s best of 9.95 seconds to win the 100m at Friday’s Diamond League in Monaco. In his second appearance in Europe in his farewell season, Bolt produced a trademark strong second segment to beat out American …