Botswana, De Beers finalise 10-year diamond sales deal

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 after seven years of negotiations.
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 adding a possible extension period of five more years to the provisional pact.
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%.
Botswana, De Beers sign renewed 10-year diamond sales agreement
After eight years of negotiations, Botswana and De Beers Group finally signed the renewed diamond sales agreement on Tuesday in Gaborone, the capital of Botswana.
Botswana and De Beers: Sealing the Diamond Deal
Botswana's government finalized a diamond sales agreement with De Beers, a subsidiary of Anglo American. Initial negotiations began in 2018, and though terms were provisionally agreed upon in 2023, a formal agreement was not signed until President Duma Boko prioritized it after taking office in October.
De Beers, Botswana Sign Marketing Deal to Drive Demand for Natural Diamonds
De Beers and Botswana’s government will jointly fund a marketing campaign to resuscitate demand for natural diamonds.
Botswana, De Beers finalise 10-year diamond sales deal after protracted negotiations
Botswana’s government and De Beers, the diamond mining unit of Anglo American, have finalised a 10-year diamond sales agreement after a protracted negotiation period, Reuters reported on Tuesday. This new agreement replaces a provisional deal and includes a potential extension of five additional years.
'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 value by $2.9bn
Anglo is considering either selling or listing De Beers, the carrying value of which is now about $4bn. That includes about ...
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.
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 ...
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 ...
Retail Jeweller12h
De Beers’ DiamondProof lands in stores for the first time
With research showing that almost half of consumers are unaware that laboratory-grown diamonds can be readily detected, this ...
Botswana signs long-delayed diamonds deal with De Beers
Botswana's government on Tuesday signed a long-delayed diamonds sales agreement with Anglo American unit De Beers.