Africa’s efforts to derive greater benefits from its mineral wealth were boosted on Wednesday with the launch of South Africa’s first black-owned diamond-cutting and -polishing…

De Beers group managing director Gareth Penny on Monday called on diamond traders in Europe, the United States and Israel to back Africa’s efforts to cut and polish its own…

Demands by African diamond producers are changing the more than a century-old way the diamond industry has operated. Their insistence that they secure a greater portion of the…