Botswana, De Beers reach diamond sales agreement after years of negotiations
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
De Beers, Botswana finalise talks on diamonds deal
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
InvestmentNews3d
Wealthy Americans are buying more diamonds at last
The industry has been hammered by a collapse in diamond demand from China and the increasing penetration of lab grown stones.
The Economist1d
Don’t propose with a diamond
Since De Beers, the world’s leading diamond company, ingeniously announced that “diamonds are forever” in the 1940s, most ...
Anglo CEO pursues value as works on De Beers spin-off
Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...
Botswana’s Leader Says Diamond Deal Reached With De Beers
Botswana’s president Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction ...
De Beers accumulates its largest diamond stockpile since 2008 financial crisis
De Beers has accumulated its largest diamond stockpile since the 2008 financial crisis, with inventory levels hovering around $2 billion in 2024, acc ...
Mining21h
Anglo American nears De Beers spinoff as Botswana weighs stake rise
Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...