The Botswana government signed a new diamond sales agreement crucial to its economy with the De Beers mining company on ...
The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.
We believe Anglo American is expected to experience a valuation uplift as it transitions to a copper/iron ore player. Thus, our buy rating is confirmed. Looking at our past publication, Unappreciated ...
Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
As part of the deal, Botswana's share of diamonds from Debswana, a joint venture with De Beers, will rise from 25% to 50%.
Botswana's government finalized a diamond sales agreement with De Beers, a subsidiary of Anglo American. Initial negotiations ...
Botswana's government on Tuesday signed a long-delayed diamonds sales agreement with Anglo American unit De Beers.
Anglo American Plc took another writedown on its struggling De Beers diamond unit, and posted a slide in profit, as the miner ...
Anglo is considering both selling and listing De Beers, the carrying value of which is now about $4bn. That includes about $2bn worth of stock, a similar amount to last year.
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 ...
(Alliance News) - Anglo American PLC on Tuesday said De Beers Group has signed formal agreements with the government of Botswana, securing a long-term diamond partnership that extends both mining and ...
Under the final deal, the share of Botswana's state-owned Okavango Diamond Company (ODC) in the production of Debswana - its ...