Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...

Botswana's economy is forecast to grow 3.3% this year after a contraction in 2024, due to an expected recovery in the global ...

Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...

The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.

The London-listed miner said on Thursday that it will review De Beers’ value as it looks to exit the business, citing persistently weak diamond demand. Last year, Anglo reduced De Beers’ book value by ...

De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...

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 ...

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 ...

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 ...

Anglo American AAL5.06%increase; green up pointing triangle expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload.