The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
India has been emerging as a bright spot for the cut and polished diamonds amidst a slowdown in key markets such as the U.S. and China, Amit Pratihari, managing director, De Beers India told Reuters ...
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 ...
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 ...
De Beers India Managing Director Amit Pratihari said the plan is to establish 100 retail stores by 2030 with a revenue target ...
De Beers Group completed negotiations with Botswana to establish a new sales agreement for Debswana’s rough diamond production until 2033.
Botswana’s president Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction and sales agreement with De Beers that will bring certainty to the ...