Botswana, the country with the biggest diamonds, gets an improved 10-year deal with miner De Beers
The Botswana government has signed a new diamond sales agreement crucial to its economy with the De Beers mining company ...
Botswana, De Beers sign new diamonds agreement, securing operations until 2054
The partnership secures long-term value from existing mines and expansions such as Jwaneng Cut-9 and Jwaneng Underground.
Botswana, De Beers sign long-delayed diamonds deal
Botswana's government on Tuesday signed a long-delayed 10-year diamonds sales agreement with Anglo American unit De Beers ...
Anglo writes down De Beers, pressing on with business overhaul
Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
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Botswana, De Beers sign renewed 10-year diamond sales agreement
GABORONE - After eight years of negotiations, Botswana and De Beers Group finally signed the renewed diamond sales agreement ...
Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers
Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De ...
Mining1d
Botswana, De Beers sign overdue diamond deal
As part of the deal, Botswana's share of diamonds from Debswana, a joint venture with De Beers, will rise from 25% to 50%.
'Go big or go home': Oscars red carpet to sparkle with bold gems and rare diamonds
At this year's Oscars, the jewelry on the red carpet will be bold statement earrings and chunky necklaces, as well as rare ...
Anglo American Writes Down De Beers Diamond Unit Value by $2.9 Billion
The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.
De Beers valuation slashed by $2.9BN on weak diamond demand
The mining giant blamed 'adverse macro-economic conditions and industry-specific challenges' for cutting De Beers' valuation ...
Bizcommunity6h
Botswana and De Beers’ marketing push to revive diamond demand
As global diamond sales continue to decline, Botswana and De Beers have announced a strategic marketing initiative aimed at ...
Anglo American writes down De Beers value by $2.9bn
Anglo is considering both selling and listing De Beers, the carrying value of which is now about $4bn. That includes about $2bn worth of stock, a similar amount to last year.