De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for its joint venture there to 2054, the Anglo American unit said on Monday.
"It's been a bad year for rough diamond sales," CEO Al Cook told the FT. De Beers didn't immediately respond to a query for additional details on its inventory, including how much it was in prior ...
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.Most Read from BloombergState Farm Seeks Emergenc ...
Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond ...
Government and De Beers have finalised their long-drawn-out talks for a new sales agreement and are due to formally sign the ...
Al Cook, CEO of leading diamond producer De Beers has called on diamond-producing countries to bolster the marketing of ...
De Beers Group CEO Al Cook said: “We are very pleased to have signed the Heads of Terms for an agreement that will deliver large new investments, supporting the country’s development aspirations. “The ...
Anglo American’s spinout of De Beers has moved a step closer after Botswana said it might raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell ...
In brief remarks this week, De Beers CEO, Al Cook, credited President Duma Boko’s government with sealing the long-running ...
India overtook China to become the second largest diamond market. The country’s domestic market has witnessed double-digit ...
The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement ...