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 ...
Africanews English on MSN1h
Botswana secures enhanced 10-year diamond deal with De Beers
The government of Botswana finalized a significant diamond sales agreement with De Beers on Tuesday, marking the end of seven ...
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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 ...
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Sarine and De Beers’ Tracr Sign Agreement to Collaborate on Technology-Driven Diamond Traceability
This collaboration enables a new level of verifiable provenance across the value chain and particularly for diamond jewelry retailers.
AOL6d
Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers
Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it ...
Bloomberg L.P.22d
De Beers CEO Says US Diamond Demand Shows Signs of Recovery
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 ...
The Financial Times6d
Anglo American writes down De Beers value by $2.9bn
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American has written down the value of its De Beers diamond business for the second time in two years ...
Voice of America22d
Botswana, De Beers reach diamond sales agreement after years of negotiations
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 ...
Reuters6d
Anglo writes down De Beers, pressing on with business overhaul
LONDON, Feb 20 (Reuters) - Anglo American (AAL.L), opens new tab posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted ...
Yahoo Finance6d
Anglo Takes Another De Beers Writedown as Diamond Woes Bite
(Bloomberg) -- Anglo American Plc took another writedown on its struggling De Beers diamond unit, and posted a slide in profit, as the miner moves ahead with a radical overhaul of its business.
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Anglo writes down De Beers, pressing on with business overhaul
LONDON (Reuters) -Anglo American posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted assets. Anglo aims to focus on ...
Reuters23d
De Beers, Botswana finalise talks on diamonds deal
CAPE TOWN, Feb 3 (Reuters) - De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for its joint venture there to 2054 ...