Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
A key area where De Beers wants to make an impact is ensuring the authenticity of diamonds - a major concern among customers ...
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
A major challenge facing natural diamonds is the rapid growth of lab-grown alternative, which offer consumers a lower-cost ...
Diamonds, once the ultimate symbol of opulence and wealth, may be on their way out. With the prevalence of lab-grown alternatives and an overall decrease in demand, natural diamond companies are being ...
De Beers Group completed negotiations with Botswana to establish a new sales agreement for Debswana’s rough diamond production until 2033.