De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...

The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.

In 2023, Botswana and De Beers agreed to a fresh 10-year diamond sales deal, under which the government's share of diamonds from the Debswana JV will increase to 30% and gradually rise to 50% over ...

Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...

De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become the second-biggest market. The industry has been hammered by a collapse ...

The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement following talks that had dragged on since 2019. Analysts say the diamond ...

De Beers, the world’s leading diamond producer by value, has concluded negotiations with the Botswana government on a new sales agreement and the extension of mining licenses for their joint ...

Anglo American (LON: AAL) expects its De Beers diamond business to record another impairment this year amid declining sales. The London-listed miner said on Thursday that it will review De Beers ...

DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial year. The move recognises little chance of a major recovery in the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake ...

Anglo American Plc said it won’t let its struggling De Beers diamond business be a drag on its restructuring. The company announced a radical restructuring in May last year as it successfully fought ...