Stargems Group, based in Dubai, has acquired the Koffiefontein diamond mine in South Africa from Petra Diamonds, marking its third such acquisition in the country
On Sunday night, Free State Premier Sisi Ntombela and provincial and local government officials were at the disaster scene to ensure the affected households were in a safe place.
Dubai’s Stargems Group has acquired two South African mines in an effort to expand its presence across the diamond supply chain.The diamond-sourcing and supply company recently purchased Jagersfontein Holdings, which runs a site dedicated to processing old tailings and was one of the first.