The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell De ...
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De Beers secures new diamond deal with Botswana"De Beers secures new diamond deal with Botswana" was originally created and published by Mining Technology, a GlobalData ...
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...
After five years of negotiations, Botswana and De Beers have reached a groundbreaking agreement that will revolutionise ...
In brief remarks this week, De Beers CEO, Al Cook, credited President Duma Boko’s government with sealing the long-running ...
Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
The London-listed miner announced Thursday that it will review De Beers’s value as it looks to exit the business, citing ...
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