|Billionaire Lev Leviev has bought half of one of Africa’s biggest emerald mines. |
Leviev bought into the Grizzly emerald mine in Zambia’s Copperbelt province, which borders the DRC. Leviev used his Israel-based diamond unit to purchase half of Grizzly. The move into emeralds marks a change of course for Leviev. Emerald prices have soared by more than tenfold in the past eight years.