Assimon, who joined De Beers in 2020 and served for three years as CEO of Forevermark, helped to sharpen the De Beers image ...

De Beers, the world’s leading diamond producer by value, has concluded negotiations with the Botswana government on a new sales agreement and the extension of mining licenses for their joint ...

De Beers seals sales and mining contract with Botswana Earlier this week, De Beers announced it had finalized negotiations with Botswana on a new diamond sales agreement and the extension of ...

Under terms of the new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through a joint mining venture with De Beers. The share rises to 50% by the end of the ...

In 2023, Botswana and De Beers agreed to a fresh 10-year diamond sales deal, under which the government's share of diamonds from the Debswana JV will increase to 30% and gradually rise to 50% over ...

The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.

She said it was hoped the agreement would help the country and De Beers tackle the structural challenges facing the diamond mining industry, and the agreement would allow for a Pula 1 billion ...

Anglo American AAL1.36%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.

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 ...

“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 ...

DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial year. The move recognises little chance of a major recovery in the ...

DE BEERS confirmed on Monday it had finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for its joint venture there to 2054. The 85%-owned Anglo ...