Diamonds

UK urges Zimbabwe to comply with Kimberley

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British officials have urged Zimbabwe to comply with global diamond trade regulations and say most of the finest stones are being smuggled out of its rich Marange fields.

Zimbabwe charges diamond firm ACR with fraud

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Zimbabwe-focused African Consolidated Resources Plc has been charged with fraud and violating the country's precious stones laws, says the company.

Zim grabs ‘blood diamond’ firm

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Zimbabwe's government is taking over a joint mining venture after allegations its private partners are blood diamond dealers, says the chairperson of the country's diamond company.

Marange fuels cross border dealer hub

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Zimbabwe's Marange diamond fields have sparked a cross border diamond smuggling hub stretching to the Mozambican town of Manica.

Ban on Zim diamonds stays

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The global diamond industry's oversight body has reportedly upheld a ban preventing Zimbabwe from exporting its vast stockpile of diamonds.

KCM uncovers large pink diamond

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Kimberley Consolidated Mining has announced that the subcontractor working on its Bo-Karoo mining site had recovered a 27 carat light pink diamond.

African Diamonds, Lucara to proceed with AK6

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African Diamonds and its joint venture partner Lucara Diamond Corp says they have decided to proceed with the development and construction of the AK6 diamond project in Botswana.

Zimbabwe to resume diamond exports

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Zimbabwe plans to resume selling diamonds from its controversial Marange fields within days, saying it fully meets the standards required by the body that regulates trade in conflict diamonds.

Trans Hex shares hit gravel

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Shares in diamond miner Trans Hex have plummeted almost 9% following an unfavourable interim trading update.

Old Mutual linked to Zim probe

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A SA company, with ties to Old Mutual, has been asked to disclose details on a subsidiary's operations in Zimbabwe's Marange diamond fields.