Anglo American is moving closer to an initial public offering (IPO) for its De Beers diamond business, with Botswana, a ...

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

In brief remarks this week, De Beers CEO, Al Cook, credited President Duma Boko’s government with sealing the long-running ...

Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell De ...

Pandora has seen its EBIT rise 13% to £890m in its FY24 as a result of its ‘Phoenix strategy’ pushing it towards becoming a ...

ANGLO American CEO Duncan Wanblad described the prospect of mega-deals in the mining industry as “a calamity” as they would ...

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

The London-listed miner said Thursday that the review would examine De Beers's value in light of continued subdued demand for diamonds as it seeks to exit the business. Last year, Anglo wrote down the ...

It would be the second writedown of De Beers in 12 months. Anglo announced a $1.6bn writedown on the value of the business in its annual results last year, bringing the carrying value to $7.6bn in ...

DE BEERS confirmed on Monday it had finalised talks on a rough diamond sales deal with the Botswana government and on ...

Anglo American has long been a leading player within the global mining market, with projects spanning its century of operations within some of the most valuable metal markets in the world including, ...

Botswana and South African diamond giant De Beers have finalized a new 10-year sales agreement after prolonged negotiations that began in 2019. Under the deal, Botswana’s government will initially be ...