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World’s fifth largest diamond discovered in Lesotho

A diamond thought to be the fifth largest of gem quality ever found has been discovered in Lesotho, miner Gem Diamonds said Monday, and could be worth as much as $40 million. The company unearthed the D-colour stone at the Letseng mine in the landlocked southern African country and described …

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Zimbabwean woman arrested with 10 carats of diamonds in her undies

A Zimbabwean woman has been arrested after being found with 10 carats of diamonds stashed in her underwear, says a report. According to New, Happiness Chikwenje was arrested after being lured to the home of Lebanese businessman Sleiman Ahmad by police. The police were carrying out a raid when …

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Sierra Leone: 709 carat uncut ‘Peace diamond’ sold for $6.5m in New York auction

A 709 carat uncut diamond discovered in March 2017 by a group of miners in Sierra Leone fetched $6.5m at a New York auction on Monday (December 4, 2017). The stone was found by one pastor Emmanuel Momoh in Koryardu, located in the country’s eastern Kono district. It was the …

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Namibian diamond town opens gates to the public

A diamond-mining town in Namibia that previously restricted visitors has opened to the public in hopes of boosting tourism and diversifying its economy. The remote town of Oranjemund, which lies in a diamond-mining area called the Sperrgebiet, or “prohibited area” in German, held celebrations this month to declare an end …

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Sierra Leone to sell 709-carat diamond in New York auction

Sierra Leone said on Tuesday it plans to auction off a massive 709-carat diamond at a December sale in New York, aiming to make a clean break with the “blood diamonds” of its past. The stone, which was unearthed in March, is the largest discovered in Sierra Leone in almost …

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Indian ambassador urges value-addition of diamonds

Zimbabwe should partner with other countries to establish a diamond cutting and polishing centre if the country is to benefit from value-addition of its gemstones, Indian ambassador to Zimbabwe, Rungsung Masakui has said. The Indian envoy made the remarks at a public lecture titled Unlocking Zimbabwe’s Gemstone Wealth: Lessons from …

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