News

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 ...
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 ...
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 ...
Overall the production reduced to 4.1 million carats where Canada saw the highest reduction by 46 %, Botswana by 44% and ...
Botswana's government wants to take a controlling stake in De Beers, the country's mining minister told the Financial Times ...
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 ...
The country’s mining minister Bogolo Kenewendo told the Financial Times on Wednesday that President Duma Boko “remains ...
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 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 ...