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Tag: Polished Diamonds

Presidency receives fourth part of Zondo Commission’s report into State capture

The Presidency on April 29 received the fourth part of the report of the Judicial Commission of Inquiry into Allegations of State Capture.   Secretary of the Commission Professor Itumeleng Mosala handed over the report to acting Director-General in The Presidency Thami Ngwenya at the Union Buildings in Pretoria.  
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Russia says it may buy diamonds from sanctions-hit Alrosa

Russia may buy an as yet undetermined amount of rough diamonds from sanctions-hit producer Alrosa through its state precious metals and gems repository Gokhran, the country’s Finance Minister Anton Siluanov said on Wednesday. The United States imposed sanctions on State-controlled Alrosa in April, complicating the Russian company’s operations in the global
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De Beers’ 15 ct blue diamond sold for $58m at Sotheby’s

The De Beers Blue diamond has been auctioned for HK$450.9-million ($57.5-million) at Sotheby’s in Hong Kong. The 15.1 ct, fancy vivid blue diamond was sold Wednesday evening to an unnamed buyer. The step-cut gem, recovered from the Cullinan mine in South Africa, is the largest vivid blue diamond ever to appear
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Petra Diamonds exploring responsible Koffiefontein exit

Diamond company Petra is exploring a responsible exit from its investment in the Koffiefontein diamond mining operations. The exit would be carried out together with its black economic empowerment partners Kago Diamonds and its Itumelang employee trust, the London Stock Exchange-listed company stated in a release on Tuesday.
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New Limpopo diamond mine on cards

An evaluation carried out by Botswana Diamonds has firmed up the possibility of a diamond mine being developed at the company’s Thorny River property in South Africa’s Limpopo province. The analysis indicates potential opencast options, the London-Aim and Botswana Stock Exchange-listed company said on Monday.
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De Beers invests $2m in Kelp Blue to explore marine carbon reduction solutions

Diamonds multinational De Beers Group is investing $2-million in Kelp Blue, a start-up focused on growing and managing large-scale giant kelp forests, initially off the Namibian coast. These underwater forests have the potential to safely and permanently lock away vast amounts of carbon dioxide in the ocean.
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