The Botswana government has signed a new diamond sales agreement crucial to its economy with the De Beers mining company ...
Botswana's government on Tuesday signed a long-delayed 10-year diamonds sales agreement with Anglo American unit De Beers ...
Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De ...
GABORONE - After eight years of negotiations, Botswana and De Beers Group finally signed the renewed diamond sales agreement ...
Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
Anglo is considering either selling or listing De Beers, the carrying value of which is now about $4bn. That includes about ...
As part of the deal, Botswana's share of diamonds from Debswana, a joint venture with De Beers, will rise from 25% to 50%.
The ten-year deal signed Tuesday in Gaborone also covers the sale of diamonds, the renewal of mining licenses and other ...
The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.
As global diamond sales continue to decline, Botswana and De Beers have announced a strategic marketing initiative aimed at ...
Anglo-American first announced last year its decision to divest from De Beers, the diamond company that long dominated the ...
LONDON (Reuters) -Anglo American posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted assets. Anglo aims to focus on ...