An African state-owned diamond company has submitted a formal offer to buy South African diamond mining giant De Beers.

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Shares in West African Diamonds (AIM: WAD) were restored to trading this morning after the company posted an AIM ...

Angola's rough diamond production reached 10.7 million carats in the nine months to September, a government official said on Friday, as the country targets another record haul this year. The southwest ...

Offshore diamond prospecting threatens a fishing community in South Africa, while un-checked mining for the precious stones on land is silting up rivers in Zimbabwe. In Nigeria, serial polluter Shell ...

Lucara estimates that its Karowe mine accounts for 0.3% to 0.4% of global diamond production. The world’s largest diamond was discovered near Pretoria, South Africa in 1905 when Frederick Wells, a ...

Botswana’s existing co-marketing deal already demonstrates the shift ... The question is no longer whether African countries can produce diamonds—they already dominate production—but whether they can ...

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Controversy surrounds the diamond, which critics of the royal family say was "stolen" from South Africa during the colonial era; the British reject that accusation. The coronation of King Charles III ...

Calls are growing in South Africa for Britain’s royal family to return the world’s largest known clear-cut diamond in the wake of Queen Elizabeth II’s death. Known as the Great Star of Africa or ...

LONDON (Reuters) - African Diamonds said on Monday it expected to complete negotiations on a mining licence for its AK06 discovery in Botswana by the end of the month after the country's government ...

Each year thousands of people travel to Johannesburg for one reason alone, to shop at the Diamond Walk at Sandton City ( This stretch of pure indulgence has become the ultimate destination for luxury ...

For years, shy little Sir Ernest Oppenheimer left aides breathless as he raced down into South Africa’s mines or whisked surefootedly around the crags of high finance. “There’s a special place in hell ...