A white diamond found at Jwaneng mine in Botswana and said to be the biggest flawless diamond in the world, is expected to sell for about US$30 million at an auction in Switzerland on May 15th.
The colourless, pear-shaped stone, weighing 101.73 carats will be auctioned by Christie’s International in Geneva. It is one of the world’s most perfect diamonds - a D colour, Type IIA Flawless gem – and the biggest, at such an optimum grade, to appear at auction.
Botswana Diamonds, the Irish AIM listed (BOD) diamond explorer with interests in Botswana, Cameroon and Zimbabwe, has announced its financial results for the year ended 30 June 2012.
Highlights within the period include being awarded a new 249 sq kilometre diamond exploration licence in Botswana, raising £1.51m through a placing and direct subscriptions with the company and recovering the first diamond during sampling project at Libongo, Cameroon.
The first shipments of coal from Botswana for export via South Africa to China and India will begin next month, news agencies have reported
South Africa’s TRANSNET Freight Rail (TFR) is to start carrying the first coal exports to Durban demonstrating further progress towards the integration of transport links across sub-Saharan Africa and the continent as a whole.
Romania ranks 60th of 141 countries in Forbes top about the most attractive economies in the perspective of the business environment, a step lower than Botswana and outclassed by Hungary or Bulgaria, the Romanian economy registering the lowest scores for the fiscal regime and innovation.
Romania is between Botswana (59th) and Jordan (61) in top Forbes and is pulled down by the fiscal regime (104th), innovation (104) and monetary freedom (90).