Anglo American, Sasol, and De Beers signed a joint development agreement (JDA) to pilot feedstock production for renewable diesel, marking Anglo American's strategic pivot away from hydrogen as its ...
The FTSE 100 finished up 103.99 at 8727.28 - a new record closing high. It also hit a new intraday record of 8,767.50 earlier ...
Despite the geopolitical uncertainties affecting the global economy, Africa’s mining sector remains well placed to expand its ...
Amid ongoing challenging rough diamond trading conditions, De Beers has revised its production guidance for 2025 to between 20-million and 23-million carats, compared with previous guidance of between ...
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
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 ...
The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
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 ...
Under terms of the new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through a joint mining venture with De Beers. The share rises to 50% by the end of the ...
She said it was hoped the agreement would help the country and De Beers tackle the structural challenges facing the diamond mining industry, and the agreement would allow for a Pula 1 billion ...
shape or form on the business,” he said on the sidelines of the Indaba mining conference in Cape Town. Botswana, which owns a 15% stake in De Beers has offered to raise its stake. “They ...
DE BEERS confirmed on Monday it had finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for its joint venture there to 2054. The 85%-owned Anglo ...