Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...

After five years of negotiations, Botswana and De Beers have reached a groundbreaking agreement that will revolutionise ...

Deal comes after more than five years of negotiation and within 100 days of the election of a new government in the country.

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

Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond ...

Diamonds, once the ultimate symbol of opulence and wealth, may be on their way out. With the prevalence of lab-grown ...

Diamond mining giant De Beers Group has completed negotiations with the Government of Botswana to establish a new ten-year ...

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

De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...

De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...

DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial year. The move recognises little chance of a major recovery in the ...