November 18, 2024

Fenix and Dholakia acquire Lusix in $4 million strategic deal

Both Fenix and Dholakia offered similar terms during the bidding process and ultimately decided to split the production between themselves, under confidential conditions. The deal, approved […]
November 18, 2024

South African police ordered by Court to end standoff with illegal miners

A South African court ordered police to end a standoff with illegal miners and allow emergency workers to gain access to a shaft where hundreds are […]
November 18, 2024

Panna diamonds remain unsold at the state-run Auction

According to media reports, hundreds of carats of rough diamonds have remained unsold after state-run auctions failed to attract buyers. Labourers and poor farmers rent land […]
November 17, 2024

Dr M’zée Fula Ngenge

“African diamond-producing nations are not only looking at Dubai to serve as a functional outlet but also depend on the UAE to assist in securing their […]