Lucara execs leave, HB founder returns

The development comes five days after Lucara's new CEO, William Lamb, announced the termination of the miner's 10 year agreement with HB Antwerp under which the Belgian firm buys, polishes and sells Lucara's rough diamonds.

In yet another local diamond industry development, HB Antwerp, today announced that it has made peace with Oded Mansori, the co-director it kicked out last month.

Meanwhile, De Beers yesterday signed a firm deal with government for 25yr mining leases and a 10yr agreement to sell diamonds from the Debswana mines.

Mmegi"s print edition will have all the insights and analysis this Friday