Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...
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 ...
Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake ...
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones ...
"The Government of the Republic of Botswana (“GRB”) and De Beers Group (“De Beers”) are pleased to announce the successful ...
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.