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 ...

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 ...

It’s unsurprising that faced with such a difficult decision, between 85 per cent and 92 per cent of original fund investors are choosing to run, according to Houlihan Lokey — a record level of ...

De Beers chief executive Al Cook wants to save a generation of lovers and newlyweds from what he calls a “huge con” when it comes to buying diamonds.In the process, he hopes to rescue his iconic brand ...

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

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

ANGLO American on Thursday said its diamond and steelmaking coal businesses would be loss-making in the first half of its ...

Anglo American’s handling of the De Beers sale has angered Botswana, which owns 15% of the diamond producer, because the ...

Cheap man-made diamonds are making life harder for miners, flooding the market with gems nearly indistinguishable from ...

De Beers accounted for 15% of the trading volume of the Johannesburg stock exchange and 8.5% of the market's main index, the JSE All-Share.

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 ...

De Beers had sales of $5.5 billion and earnings of $676 million in 2003. The company spends $180 million on advertising. The United States represents half of the worldwide diamond market.