Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...

DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 ...

Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...

Amid ongoing challenging rough diamond trading conditions, De Beers has revised its production guidance for 2025 to between 20-million and 23-million carats, compared with previous guidance of between ...

De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...

Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...

GABORONE, Feb. 3 (Xinhua) -- Botswana announced on Monday that it has reached an agreement with De Beers, the world's leading ...

Deal comes after more than five years of negotiation and within 100 days of the election of a new government in the country.

Botswana’s president Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction ...

De Beers has accumulated its largest diamond stockpile since the 2008 financial crisis, with inventory levels hovering around $2 billion in 2024, acc ...

The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.

The London-listed miner announced Thursday that it will review De Beers’s value as it looks to exit the business, citing ...