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Invictus reports US$2 million loss

ZIMBABWE’S oil and gas operator, Invictus Energy Limited incurred a loss after tax of Australian $2,6 million (US$1,9 million) for the half year ended 31 December 2021, up 164% compared to the.

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US bans imports of Russian diamonds

US President Joe Biden has issued an executive order prohibiting the import of “nonindustrial” diamonds originating in Russia.

The measures, which the White House announced on Friday, follow Russia’s continued war in Ukraine.

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De Beers expands tech programs for women

De Beers has extended its partnership with WomEng, a social enterprise that aims to expand female participation in the engineering and technology industry.

“We have an ambitious commitment to achieve gender parity across.

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Russian invasion’s impact on diamond prices

Current US sanctions on Russia’s Alrosa will not reduce the supply of rough diamonds. India, where about 93% of the world’s diamonds are manufactured, will enable money transfers without using dollars, euros.

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Miners in tax talks with govt

Zimbabwe’s mining industry is engaged in discussions with the government over the punitive tax burden and retention levels, the Mines and Mining Development minister Winston Chitando has said.

Miners have been pushing for.

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