Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
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 has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...
A major challenge facing natural diamonds is the rapid growth of lab-grown alternative, which offer consumers a lower-cost ...
Botswana announced on Monday that it has reached an agreement with De Beers the world leading diamond company to extract and sell diamonds bringing ...
Diamond mining giant De Beers Group has completed negotiations with the Government of Botswana to establish a new ten-year ...
After five years of negotiations, Botswana and De Beers have reached a groundbreaking agreement that will revolutionise ...
Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones ...