Botswana, De Beers reach diamond sales agreement after years of negotiations
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
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Diamond producers aim to ward off synthetic challenge
Al Cook, CEO of leading diamond producer De Beers has called on diamond-producing countries to bolster the marketing of ...
Mining4d
Anglo American nears De Beers spinoff
Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond ...
De Beers CEO Says US Diamond Demand Shows Signs of Recovery
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
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De Beers’ 100-days gift to Boko
In brief remarks this week, De Beers CEO, Al Cook, credited President Duma Boko’s government with sealing the long-running ...
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Gov't, De Beers finally conclude talks
Government and De Beers have finalised their long-drawn-out talks for a new sales agreement and are due to formally sign the ...
De Beers IPO moves closer for Anglo American as Botswana eyes bigger stake
Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell De ...
Reuters8d
De Beers, Botswana finalise talks on diamonds deal
"The signing will be in the next few weeks...the government of Botswana will be hosting the signing," De Beers CEO Al Cook told Reuters in an interview. Debswana, a 50:50 joint venture between top ...
Mining Indaba: Botswana and De Beers forge historic new diamond sales deal
After five years of negotiations, Botswana and De Beers have reached a groundbreaking agreement that will revolutionise ...
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De Beers secures new diamond deal with Botswana
De Beers Group CEO Al Cook said: “We are very pleased to have signed the Heads of Terms for an agreement that will deliver ...
De Beers accumulates its largest diamond stockpile since 2008 financial crisis
De Beers has accumulated its largest diamond stockpile since the 2008 financial crisis, with inventory levels hovering around $2 billion in 2024, acc ...