In 2023, Botswana and De Beers agreed to a fresh 10-year diamond sales deal, under which the government's share of diamonds from the Debswana JV will increase to 30% and gradually rise to 50% over ...

De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become the second-biggest market. The industry has been hammered by a collapse ...

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 ...

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 (LON: AAL) expects its De Beers diamond business to record another impairment this year amid declining sales. The London-listed miner said on Thursday that it will review De Beers ...

De Beers, the world’s leading diamond producer by value, has concluded negotiations with the Botswana government on a new sales agreement and the extension of mining licenses for their joint ...

Has spun off some coal assets, agreed to separate platinum business Weak demand for diamonds means De Beers could weigh on Anglo value Copper makes Anglo still a target after rebuffed BHP bid CAPE ...

Gaborone, Botswana — 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.

De Beers, a global leader in the diamond industry, on Wednesday announced it will foray into the retail segment with the opening of 15 Forevermark brand stores in India in the current year.

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 ...

Anglo American expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload. The London-listed miner said Thursday that the ...

DE BEERS confirmed on Monday it had finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for its joint venture there to 2054. The 85%-owned Anglo ...