Independent Online19d
De Beers and African nations fight back against lab-grown diamonds
“It is not a marketing campaign, but a campaign to tell the truth,” De Beers Botswana CEO Al Cook ... popularly known as IOL, is one of South Africa’s leading news and information websites ...
Daily Maverick on MSN4d
Anglo writes De Beers down by $2.9bn as it prepares to ditch diamond giant
The diamond sector faces an existential crisis from far cheaper lab-grown alternatives and the fading allure of the romanticism around the gems. Anglo is parting ways with De Beers for a reason and ...
Independent Online19d
Kumba’s Transnet woes and De Beers’ impairments weigh on Anglo American's performance
Anglo American is battling South African logistics constraints that are affecting Kumba Iron Ore’s operations, while it expects more impairments at its diamond-producing unit, De Beers.
Botswana president aims to clinch De Beers deal, diversify economy
Top diamond producer Botswana's new President Duma Boko said on Thursday that he hoped to clinch a long-delayed sales pact with industry giant De Beers as early as Friday but underlined the need to ...
iafrica20d
Botswana and De Beers Seal 10-year Diamond Sales Deal
Botswana and South African diamond giant De Beers have finalized a new 10-year ... increasing to 50% by 2035. This arrangement is expected to help reverse the decline in diamond revenue—from ...