Experts have welcomed the signing of a long-delayed rough diamond sales agreement between Botswana and South African mining giant De Beers. Representatives of the Botswana government and De Beers ...
Anglo American AAL2.57%increase; green up pointing triangle wrote down the value of its embattled De Beers diamond business by another $2.9 billion as it seeks to ready the division for disposal a ...
GABORONE, Botswana — The Botswana government signed a new diamond sales agreement crucial to its economy with the De Beers mining company on Tuesday after seven years of negotiations.
The Government of Botswana has signed a new ten-year diamond sales agreement with Anglo American’s subsidiary De Beers for Debswana's rough diamond production, with a potential five-year ...
Anglo American has taken a $2.9-billion impairment on De Beers as it prepares to either sell or list the struggling diamond giant in a restructuring pivot to focus on copper, premium iron ore and ...
LONDON, Feb 20 (Reuters) - Anglo American (AAL.L), opens new tab posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted ...
Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it ...
As global diamond sales continue to decline, Botswana and De Beers have announced a strategic marketing initiative aimed at reinvigorating consumer interest in natural diamonds. This move comes ...
Botswana's government has signed a long-delayed diamonds sales agreement with Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) unit De Beers, Reuters reported Tuesday. Negotiations over the deal started ...
Botswana’s government signed on Tuesday a long-delayed diamond mining and sales agreement with Anglo American unit De Beers, the world’s leading diamond producer by value. As part of the deal ...
Botswana, the Country With the Biggest Diamonds, Gets an Improved 10-Year Deal With Miner De Beers GABORONE, Botswana (AP) — The Botswana government signed a new diamond sales agreement crucial ...