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 ...

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

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 ...

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

"De Beers secures new diamond deal with Botswana" was originally created and published by Mining Technology, a GlobalData ...

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 ...

Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones ...

The industry has been hammered by a collapse in diamond demand from China and the increasing penetration of lab grown stones.

Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This announcement comes as the company moves forward with plans to either spin ...