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De Beers Harvests Diamonds At The Bottom of The Sea

ORANJEMUND, Namibia—A dozen miles off the southwestern edge of Africa’s Atlantic coast, a 285-ton vacuum machine operating 400 feet below sea level is sucking some of the world’s most valuable diamonds from the ocean floor. Read more

Billionaire Beny Steinmetz Cuts Down on Diamonds

Controversial Israeli billionaire Beny Steinmetz has offloaded Tonguma, one of the Sierra Leone diamonds projects owned by his London-based BSGR subsidiary Octea Mining, to AIM-listed Stellar Diamonds. Read more