De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial year. The move recognises little chance of a major recovery in the ...
The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
De Beers Forevermark is a diamond company that was founded as a De Beers Group subsidiary in 2008. The company promises customers rare and beautiful diamonds that are ethically sourced and ...
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement following talks that had dragged on since 2019. Analysts say the diamond ...
Diamond mining giant De Beers Group has completed negotiations with the Government of Botswana to establish a new ten-year sales agreement for Debswana’s rough diamond production until 2033.
“It is not a marketing campaign, but a campaign to tell the truth,” De Beers Botswana CEO Al Cook said in a discussion about the economic benefits for African countries of diamond ...
Anglo American AAL5.06%increase; green up pointing triangle expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload.
Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This announcement comes as the company moves forward with plans to either ...