The Botswana government and De Beers said they had agreed on a 10-year sales deal for Debswana’s rough diamond production through to 2033, and on a 25-year Debswana mining licence valid until 2054.

Anglo American wrote down the value of its embattled De Beers diamond business by another $2.9 billion as it seeks to ready the division for disposal as part of the miner's efforts to simplify its ...

GABORONE, Feb. 3 (Xinhua) -- Botswana announced on Monday that it has reached an agreement with De Beers, the world's leading diamond company, to extract and sell diamonds, bringing confidence to ...

(Bloomberg) -- Anglo American Plc took another writedown on its struggling De Beers diamond unit, and posted a slide in profit, as the miner moves ahead with a radical overhaul of its business.

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 ...

Botswana President Duma Boko said his government has reached a diamond extraction and sales agreement with Anglo American's (OTCQX:AAUKF) (OTCQX:NGLOY) De Beers unit, Bloomberg reported Tuesday.