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 ...

The government of Botswana and South African ... a decline in diamond revenue. The government once received $7 billion a year through De Beers, but that figure declined to $4.2 billion in 2023 ...

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 ...

Gaborone, Botswana — The government of Botswana and South African ... in diamond revenue. The government once received $7 billion a year through De Beers, but that figure declined to $4.2 ...

CAPE TOWN, Feb 4 (Reuters) - South African petrochemicals company Sasol (SOLJ.J), opens new tab, mining group Anglo American (AAL.L), opens new tab and its diamond business De Beers entered into a ...

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 ...

CAPE TOWN, Feb 3 (Reuters) - 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 ...

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 ...

South African petrochemicals company Sasol, mining group Anglo American and its diamond business De Beers entered into a joint development agreement on Tuesday to pilot the production of renewable ...

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 ...