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Diamonds

 

news by category: Diamonds

Found 16 articles.

Displaying 1-10 out of 16 results.

Desperate for a diamond fix

After three years outside the international market, the government is anxious to return, even though the gems could be profiting the militias

Diamond exports from Central African Republic totalled $60 million in 2012, close to 20% of the government's entire revenue of $335 mn., and half its total exports. This is the pri...


Secrets are not forever

The Gaydamak case exposed details of profit-taking in the diamond business that the government might have preferred to remain unseen

Russian-Israeli billionaire Arkady Gaydamak failed to convince the London High Court he had a case against diamond-dealer Lev Leviev in mid-June. Ever since, analysts have been por...


A multi-faceted business

Intrigue over the ownership and profits from the rich Marange diamond fields is causing dissension in State House

The growing political crisis over the management of the rich Marange diamond fields shows how important this huge new revenue source is for President Robert Mugabe, politically and...


Blood on the stones

Israel and Hezbollah are challenged: where did the blood diamonds go? They never went away

The annual conference of the Kimberley Process this week in Swakopmund, Namibia, heard that Israel faces accusations that Ivorian rebel diamonds are being smuggled into the country...


Slowdown hits the sparklers

New diamond mines no longer seem the prospect they once were

The new poor do not buy diamonds, so the big producers hope to keep their profit margins up by cutting production. A conference on 17 November organised by the Antwerp World Diamon...


Diamond power

Economic diversification is the centrepiece of President Ian Khama's strategy and its first test will be in the diamond business. Botswana, the world's biggest producer of diamonds...


Lev Leviev lands in London

Russian-Israeli diamond billionaire Lev Leviev, who owns diamond cutting and polishing factories in Angola, Namibia and Russia, has moved to London, where he has just bought a £35 ...


Less blood on the stones

Blood diamonds are no longer a main concern for Africa's diamond industry. A reputation for fuelling conflict is no longer a big obstacle to sales, according to the 47 delegates, r...


Conflict diamonds change shape

After the diamond-financed horror stories in Angola and Sierra Leone wound down, the conflict diamond story changed shape and fell out of the headlines. There still worries about c...


Displaying 1-10 out of 16 results.