Botswana's government and De Beers have agreed on a 10-year diamond sales deal, with a possible five-year extension. The deal splits sales between Okavango Diamond Company and De Beers, with varying ...

Botswana's government has finalized a crucial diamond sales agreement with De Beers, aiming to revive its economy. This deal ...

By: Richard Steenkamp - Senior Sales and Office Manager, De Beers Sightholder Sales South Africa Diamonds have long been a symbol of beauty, luxury, and economic value. For South Africa, however, they ...

Anglo American has taken a $2.9-billion impairment on De Beers ... South Africa’s tumultuous history and the looming separation is a sign of how the times are changing as the fortunes of diamond ...

Anglo American has slashed its valuation of De Beers by $2.9billion as it seeks to offload the iconic diamond brand amid ... its intentions to sell the South African corporation last May as ...

Anglo American has written down the value of its De ... 2.9bn on the diamonds unit, which has been hit by a slump in the market for the precious stones. That follows the $1.6bn writedown of De ...

Anglo American Plc took another writedown on its struggling De Beers diamond unit ... Anglo said Thursday it was taking a $2.9 billion impairment on the value of De Beers after last year taking ...

Anglo American AAL3.40%increase; green up pointing triangle 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 a ...

The company said Thursday that its work to separate De Beers was well under way, but slashed the unit’s valuation again, having already written down the book value of the business by $1.6 ...

He added that it has reduced the valuation of De Beers by $2.9 billion, citing "prevailing diamond market conditions." The diamond market is "very challenging," the company said, as the industry ...

Anglo American has reduced the value of its diamond subsidiary, De Beers, by $2.9 billion, marking the second consecutive year of such writedowns. This adjustment reflects ongoing challenges in ...

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 ...