#diamond #Lucara $LUC.TO Canada’s Lucara Diamond (TSX:LUC) found an unbroken 341-carat white gem-quality stone at its prolific Karowe mine in Botswana, with analysts estimating it could fetch more than $10-M. The Vancouver-based miner said the diamond was recovered over the Christmas holidays from milling of ore coming from the south western quadrant of Karowe’s South Lobe. The […]
Marrakech’s latest designation as the 1st African Capital of Culture 2020 should come as no surprise to anyone who has walked through the city’s UNESCO-listed medina or heard the sounds of Midnight drum circles in Jemaa el-Fnaa Square. The 1000 yr old metropolis is a living museum of Moorish traditions but in recent years, the city […]
An earthbound jet known as the Bloodhound became 1 of the world’s 10 fastest cars this week, on target for its goal to set a new land speed record. “The feeling in this car is fantastic,” driver Andy Green, 57 anni, said Friday, days after the Bloodhound hit 501 mph (806 kph) in South Africa’s […]
South Africa promised Thursday to tackle the prejudice fuelling a wave of deadly riots and xenophobic attacks, as international anger over the violence overshadowed a pan-African economic conference in Cape Town. President Cyril Ramaphosa said at least 10 people had been killed during the past week,2 were foreigners. “Our country has been deeply traumatised …by […]
Seclusion and luxury do not always come together. After all, it seems like travel is either high-rolling in big city, or cozying up by the fireplace of a log cabin in the woods. But, if you wish both there are a few beautiful places in the world where you can lounge in the lap of […]
$XAU The high prices are luring Africans into prospecting for gold. Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates(UAE) a gateway to markets in Europe, the United States and beyond. Customs data shows that the UAE imported $15.1-B worth of gold from Africa in […]
$LOM.AX Australia’s Lucapa Diamond (ASX:LOM) has found a 64 carat precious stone it’s calling the “best quality” diamond mined to date at its Mothae mine in Lesotho, Africa. The 64-carat type IIa gem received a D color rating, meaning it’s colourless and extremely rare. According to the company, the finding continues to underline the large-stone nature of Mothae’s kimberlite resource. […]
Performance in South Africa’s two-tier health system – the public and the private – has been worsening for some time. Politicians have attempted to attribute the decline in the public sector to a myriad of ills, none of their making. These include migrants; insufficient funds; insufficient staff; medical schemes; lawyers suing them for medical negligence; […]
The Fourth Industrial Revolution is reshaping the world of work. While policymakers in the West are struggling to respond, the task facing African governments appears even more daunting. In navigating the challenges and opportunities of the digital age, the continent’s policymakers must be willing to adapt and experiment. Most of today’s developed countries, and those […]
Julphar, one of the largest pharmaceutical manufacturers in the Middle East and Africa, has announced the appointment of new executive employees to help guide the company towards profitability and long-term success. Jerome Carle, Chief Executive Officer at Julphar said: “We have set forward a new broad reaching strategy that will make us stronger as an […]
South Africa News It is expected that by the end of 2023, Banks would continue to dominate the domestic market as being the most preferred channel of remittance. While in the international space, ADLAs & MTOs together would supersede banks with over 30% share in terms of value of international remittance transactions. In terms of corridors, Angola-South Africa and Lesotho-South […]
The Shipwreck Lodge run by Natural Selection in Namibia is one of Africa’s most uniquely designed retreats. It offers almost unprecedented privacy and freedom within architectural masterpieces that represent shipwrecks on the beach. The lodge is located on Namibia’s famous Skeleton Coast and surrounded by wild and rugged sandy expanses cushioning the waves of the […]
Africa offers some of the best wildlife viewing opportunitiesin the world. The Big 5: lion, elephant, rhino, Cape buffalo, and the elusive leopard take the center stage on a safari but the smaller, less glamorous animals like impalas, zebras and hyenas can be just as fun and exciting to see. When it comes to safaris, nothing […]
FLASH: South Africa’s Petra Diamonds (LON:PDL) has found a 100.83 carat gem-quality diamond at its iconic Cullinan mine in South Africa. The D-color, Type II diamond follows the recent recovery of a 6.12 carat Type II blue stone, also at Cullinan. The company has piled up debt after building a new plant and digging deeper […]
$GMDMF It was a great year for Africa-focused Gem Diamonds (OTCMKT:GMDMF and L:GEMD), as the company recovered a record number of huge precious stones from its flagship Letšeng mine in Lesotho. With the 2 latest, a high quality 101 carat and 71 carat white Type IIa diamond, both recovered within a 24-hour frame, the number of stones […]
Planning a Vacation in 2019, Consider These Super Destinations When planning a vacation in Y 2019, consider some destinations that are not overly traveled. Experience the South Africa, ancient Cambodia or holiday in Dubai, the City of the Future. Forget the chaos of London and Paris and check out these destinations for your Y 2019 […]
Gem Diamonds Continues to Dig Up Big Rocks in Africa $GMDMF Africa-focused Gem Diamonds (LON:GEMD, OTCMKT:GMDMF) must be getting used to recovering huge precious rocks from its flagship Letšeng mine in Lesotho, as it has just dug up another massive one. The 138-carat, Top white colour Type IIa diamond is 12th diamond over 100 carats the company finds this […]
South African Diamond Fetches Nearly $500,000 A 42.26-carat diamond recovered by Canadian junior Tango Mining (TSXV:TGV) fetched nearly $500,000 at the Kimberley Diamond Exchange, last week. In detail, the gemstone was sold on tender for $11,267 per carat. The unnamed diamond was recovered from run of mine gravel at the company’s Oena mine, an 8,800-hectare […]
Archaeology Find Suggests Humans Left Africa Earlier Stone tools recovered from an ‘dig’ in China suggest that our evolutionary forerunners trekked out of Africa earlier than the experts thought. Until now, the oldest evidence of human-like creatures outside Africa came from 1.8-M-year-old artifacts and skulls found in the Georgian town of Dmanisi. But the new […]
Big Game Hunters Rejoice, President Trump Shredded Regs on Lion Trophies The Trump Administration recently rolled back protections for African Lions, releasing new guidelines that allow hunters to bring trophies from animals killed in parts of Africa into the US, according to updated rules released by the US Fish and Wildlife Service. Wildlife officials began […]
Gem Diamonds Finds Another Huge Diamond at its Lesotho Mine $GMDMF Africa-focused Gem Diamonds (OTCMKT:GMDMF) unveiled a 115-carat stone Tuesday at its flagship Letšeng mine in Lesotho, the latest in a string of major discoveries at the operation this year. The finding of the high-quality, D-color Type IIa diamond follows the recovery of 5 other diamonds of over 100 […]
ISIS Building Massive Presence in Africa and Yemen If ISIS can take control of large parts of North Africa the world will have a terrorism issue that will grow very quickly. The Islamic State of Iraq and the Levant, al-Qaeda, Al-Shabaab (militant group), Boko Haram, Indonesian Mujahedeen Council, Taliban, Sipah Sahaba, Lashkar-e-Jhangvi and Hizbul Mujahideen […]
Gold, the #1 Explored Natural Resource in 2015 $GLD, $SLV, $ABX, $GG.V The Africa region had the highest in situ value for reported reserves and resources at primary Gold projects, with values totaling $1.48-T. A recent report shows that despite the Y-Y decline in the global exploration budget in Y 2015, Gold’s $3.94-B allocation made […]
African lion populations have declined by up to 75% since Y 1980, according to Adam M. Roberts, CEO of animal advocacy non-profit organization Born Free USA and international wildlife charity Born Free Foundation. These majestic creatures occupy just 8% of their historic range, and were thought to be locally extinct in some areas, such as […]
Africa’s Great Escape Cape Town showcases the ultimate African adventure Three times the size of New York and combining rare wildlife, undulating scenery and compelling history, Cape Town possesses an unrivaled sense of energy. Thanks to superb hosting skills during the FIFA World Cup 2010, South Africa’s “Mother City” has cast off old perceptions, to […]
Africa’s Boosts ICT Development to Spur Trade Africa’s largest trading bloc said Wednesday it will harness ICT (information, communication technologies) to create significant economic activities within the region and beyond. Dr. Amany Asfour, chairperson of the Common Market for Eastern and Southern Africa (COMESA) Business Council, said ICT services are essential in the sector and […]