Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...

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

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

Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...

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

Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...

Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...

Deal comes after more than five years of negotiation and within 100 days of the election of a new government in the country.

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 ...

Botswana announced on Monday that it has reached an agreement with De Beers the world leading diamond company to extract and sell diamonds bringing ...

Three major African diamond-producing nations are mounting a strategic response to the growing synthetic diamond market, focusing on authenticity and socio-economic impact rather than traditional ...