The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...
Diamonds, once the ultimate symbol of opulence and wealth, may be on their way out. With the prevalence of lab-grown alternatives and an overall decrease in demand, natural diamond companies are being ...
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
Government and De Beers have finalised their long-drawn-out talks for a new sales agreement and are due to formally sign the ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake ...
The industry has been hammered by a collapse in diamond demand from China and the increasing penetration of lab grown stones.
"The Government of the Republic of Botswana (“GRB”) and De Beers Group (“De Beers”) are pleased to announce the successful ...
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
Miner Anglo American's diamond unit De Beers said on Monday it had finalised negotiations with the Botswana government for a ...
Since De Beers, the world’s leading diamond company, ingeniously announced that “diamonds are forever” in the 1940s, most ...