The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.

The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement following talks that had dragged on since 2019. Analysts say the diamond ...

De Beers, the world’s leading diamond producer by value, has concluded negotiations with the Botswana government on a new sales agreement and the extension of mining licenses for their joint ...

In 2023, Botswana and De Beers agreed to a fresh 10-year diamond sales deal, under which the government's share of diamonds from the Debswana JV will increase to 30% and gradually rise to 50% over ...

De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become the second-biggest market. The industry has been hammered by a collapse ...

Botswana, which owns a 15% stake in De Beers has offered to raise its stake. "They certainly indicated a desire to increase their stake and they have also said they would do so on commercial terms ...

De Beers Group has announced the winners of the 2024 Shining Light Awards, a jewellery design competition dedicated to empowering the next generation of designers. 2024 Shining Light Award South ...

(Bloomberg Opinion) -- A diamond is forever. But perhaps not for De Beers’ owner Anglo American Plc. Facing a $39 billion bid from mining giant BHP Group Ltd, the London-listed company is ...

the partners will assess the technical and commercial viability of feedstock production, company officials told reporters. De Beers is providing the more than 20-hectare tracts of land on which ...

De Beers, a global leader in the diamond industry, on Wednesday announced it will foray into the retail segment with the opening of 15 Forevermark brand stores in India in the current year.

Gaborone, Botswana — The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement following talks that had dragged on since 2019.