Angola's state-run diamond company Endiama has partnered with six other firms in order to explore a mining concession in the regions of Lunda Norte and Sul.
Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond mining, distribution and marketing company for more than 80 years.
London-listed Petra Diamonds has reduced its production targets at its mines in Africa for this fiscal year by 0.25 million carats to 2.85 million carats.
Canadian Yukon-Nevada Gold Corp. (TSX:YNG) reported it slipped to a loss in its second-quarter due to the absence of prior year's gain and higher costs.
