Despite interest from consumers and some watch and jewelry brands ... the lab-grown gem subsidiary of the diamond giant De Beers, has faltered. After announcing in May 2024 that it would reduce ...

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 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 ...

Anglo is parting ways with De Beers for a reason and ending a relationship that its shareholders may have once thought would be forever. Anglo American has taken a $2.9-billion impairment on De ...

GABORONE (Reuters) - Botswana's government on Tuesday signed a long-delayed 10-year diamonds sales agreement with Anglo American unit De Beers adding a possible extension period of five more years ...

Botswana's government on Tuesday signed a long-delayed ten-year diamonds sales agreement with Anglo American unit De Beers adding a possible extension period of five more years to the provisional ...

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 ...

Final deal has option for 5-year extension ODC’s share of Debswana output revised down to 40% in 10 years 50-50 split would take effect in extension period Chief Executive Officer at 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 ...

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 ...

De Beers and Botswana’s government will jointly fund a marketing campaign to resuscitate demand for natural diamonds. The ten-year deal signed Tuesday in Gaborone also covers the sale of ...