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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 ...

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 ...

Under the final deal, the share of Botswana's state-owned Okavango Diamond Company (ODC) in the production of Debswana - its 50-50 joint venture with De Beers - will reach 40% at the end of the ...

Botswana and De Beers Group have renewed their long-standing diamond partnership, signing a transformative agreement that extends mining licences for another 25 years and secures a decade-long ...

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 ...

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 ...

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 ...

LONDON - Mining giant Anglo American announced Thursday a fresh write-down of De Beers as it seeks to offload the diamond group amid a wider industry downturn, notably due to weak Chinese demand.

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 ...

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 ...