The chief executive also said that efforts to sell the De Beers diamonds unit were “well under way”, despite recent controversial comments by the Botswana government that it could move to take over ...

ANGLO American said it was negotiating with the Botswana government to increase its 15% stake in De Beers ahead of selling ...

Botswana wants full control of De Beers amid financial strainDiamond market slump fuels tensions in Anglo sale talksOver 10 ...

The country’s mining minister told the Financial Times last week that President Duma Boko was serious about turning Botswana’s 15 per cent stake in De Beers into “full control over this strategic ...

Overall the production reduced to 4.1 million carats where Canada saw the highest reduction by 46 %, Botswana by 44% and ...

IT would be a “mistake” for Anglo American to sell De Beers “at a deep discount in the midst of the diamond market lull”, a ...

Botswana's government wants to take a controlling stake in De Beers, the country's mining minister told the Financial Times ...

This development adds a layer of complexity to the ongoing sale process of the diamond producer by its current owner, Anglo ...

The country’s mining minister Bogolo Kenewendo told the Financial Times on Wednesday that President Duma Boko “remains ...

The brand made mined diamonds synonymous with love and devotion. Now the CEO decries what he calls a “huge con” in lab-grown ...

De Beers slashed the price of its lab grown diamond brand, Lightbox, to $500 per carat from $800. Robert – stock.adobe.com For many years, De Beers had fought the trend towards LGDs, disparaging ...

De Beers is a bit late to the party, however, as jewelers such as the Diamond Foundry backed by Leonardo DiCaprio (who starred in 2006’s “Blood Diamond,” which highlighted the conflict ...