Assimon, who joined De Beers in 2020 and served for three years as CEO of Forevermark, helped to sharpen the De Beers image ...
Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest headache for Russia.
Anglo American is moving closer to an initial public offering (IPO) for its De Beers diamond business, with Botswana, a significant stakeholder, pushing for a larger share in the company.
(Bloomberg) -- Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and complicate its plan to exit the business.Most Read from ...
Anglo American (London, U.K.) and De Beers Group (Antwerp, Belgium) entered into a Joint Development Agreement ...
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Jacobin on MSNSouth Africa’s Worst State-Sponsored Massacre Since ApartheidGold built South Africa, and in no other country has it been pursued to greater depths. Thanks to the tremendous reserves of gold and diamonds beneath its surface, the land once considered “the least ...
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Daily Maverick on MSNOn the rocks: A lab-grown headache at Anglo AmericanWhen you can buy a lab-grown diamond that is practically identical to the mined equivalent and pay for an entire honeymoon with the price difference, it becomes a compelling alternative for consumers.
ANGLO American’s restructuring has lift-off. Despite doubts over its complexity, the group has sold its Australian coal mines ...
Anglo American (LSE: AAL) expects its De Beers diamond business to record an impairment amid declining diamond sales, while Anglo shares gained 5% in London trading following the release of last ...
(IDEX Online) - Botswana's mines minister Bogolo Kenewendo says it's "absolutely" the right time to discuss the government increasing its 15 per cent stake in De Beers. She was speaking to the UK's ...
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