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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 posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
GABORONE - After eight years of negotiations, Botswana and De Beers Group finally signed the renewed diamond sales agreement ...
As part of the deal, Botswana's share of diamonds from Debswana, a joint venture with De Beers, will rise from 25% to 50%.
To arrest a slump in sales, De Beers, the world’s biggest diamond producer, in December cut diamond prices by 10 to 15 per ...
The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.
The ten-year deal signed Tuesday in Gaborone also covers the sale of diamonds, the renewal of mining licenses and other ...
As global diamond sales continue to decline, Botswana and De Beers have announced a strategic marketing initiative aimed at ...
Anglo is considering both selling and listing De Beers, the carrying value of which is now about $4bn. That includes about $2bn worth of stock, a similar amount to last year.
Botswana's government on Tuesday signed a long-delayed diamonds sales agreement with Anglo American unit De ...
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 ...
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