Tag: diamond mining
-
🇦🇴 Angola Seeks 10% Stake in De Beers as African Nations Pursue Greater Ownership
Angola is seeking a 10% stake in De Beers as Anglo American pursues its exit. Botswana’s proposed ownership increase adds momentum to African participation, while final agreements remain pending.
-
🇬🇭 Ghana’s Gold Rush: Who Pays the Price for Mineral Wealth?
Ghana’s Birim Valley sits at the intersection of mineral wealth, livelihoods and environmental pressure. From diamonds to gold, informal and illegal mining — widely known as galamsey — provides income for communities while raising serious concerns about land degradation, water pollution and mineral smuggling. Ghana now faces the challenge of building a formal, traceable and…
-
🍁 Mountain Province Gives Up 49% Gahcho Kué Stake as Diamond-Market Pressure Deepens
Mountain Province Diamonds is transferring its 49% stake in Canada’s Gahcho Kué diamond mine to De Beers as part of a restructuring aimed at eliminating mine-related liabilities, stabilizing its finances and securing new funding amid prolonged weakness in natural-diamond prices.
-
🇩🇰 The Ambassador: A Controversial Journey Into Africa’s Diamond Trade
The Ambassador takes viewers into the Central African Republic’s diamond trade through Danish filmmaker Mads Brügger’s unconventional undercover investigation. Although the film is not set in the DRC, its questions about mineral access, foreign investment, diplomacy and African resource value chains remain relevant to today’s Congo mining debate.