In a bid to keep the shine on struggling natural diamond sales, industry giant De Beers has launched a verification device to ...

DiamondProof rapidly and reliably distinguishes natural diamonds from non-natural diamonds, helping underpin consumer ...

Anglo American is moving closer to an initial public offering (IPO) for its De Beers diamond business, with Botswana, a significant stakeholder, pushing for a larger share in the company.

Its diamond guidance copped the biggest whack, falling from 30-33 million carats for this year to 20-23Mct, and 32-35Mct for 2026 to 26-29Mct. A 26% production cut YoY in the December quarter for the ...

Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This announcement comes as the company moves forward with plans to either ...

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.

De Beers’ rough diamond production fell by 26% year-on-year to 5.8 million carats in 2024. Credit: EgolenaHK/Shutterstock. Anglo American expects to book an impairment this year for its De Beers ...

Anglo (OTCQX:AAUKF) (OTCQX:NGLOY) said it expects its De Beers diamond business to book an impairment, as the company reviews the diamond unit's value in light of continued subdued demand for ...

Anglo American AAL0.45%increase; green up pointing triangle expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload.

“It is not a marketing campaign, but a campaign to tell the truth,” De Beers Botswana CEO Al Cook said in a discussion about the economic benefits for African countries of diamond ...

Botswana’s President Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction and sales agreement with De Beers that will bring certainty to the ...