DR Congo Diamond Firms Need $300 Million
IBTimes reported the Democratic Republic of Congo needs to invest $300 million in its industrial diamond mining operations.
Articles Tagged "congo"
Angola Boosts Security at Border With Congo to help Protect Diamond Fields
Bloomberg reports Angola is working to boost border security in the diamond-rich Lunda Norte province.
De Beers has stopped Diamond Exploration in DRC
Diamond miner De Beers has announced confirmation to stop diamond exploration activities in Democratic Republic of Congo in order to curtail expenses at a time of low diamond demand. For full story, click here
De Beers stops diamond exploration project in Congo
De Beers, the world’s leading diamond producer reported that it has stopped exploration in Democratic Republic of Congo as the dripping value in gems made the project unviable. Marie-Chantal Kaninda, De Beers’s head of administration in Congo, stated: The DRC remains highly prospective, but we cannot ignore the current global economic crisis. For full story, [...]
The true value of Canadian diamonds
Global Diamond industry is undergoing a strong transition towards growing demand for "conflict-free" or "violence-free" or ethical diamonds- guaranteed to originate from ethical and environmentally responsible sources. This transition is in response to the growing awareness among people and consumers worldwide about the so called "Blood diamonds"
DR Congo war fuelled by Illegal mining
Public pressure has impelled the diamond trade to monitor sources. For full story, click here
