Anglo is pursuing a dual-track process in its effort to exit De Beers by trying to find a buyer for the struggling business.
De Beers’s move comes amid a rise in popularity of lab-grown diamonds, which typically cost at least 30-40% less than mined ...
The diamond company has introduced ‘Love, From Dad’, a new collection designed for meaningful gifting. The collection is ...
Karowe which means “precious stone” in Setswana is regarded as one of the world’s most valuable diamond mines. Originally ...
Anglo American has begun initial talks with banks about listing its De Beers diamond unit ... has since agreed to sell its coal and nickel mines and is on course to exit platinum later this ...
Diamonds in the rough The diamond industry is at a crossroads; Demand is projected to rise 3 per cent to 5 per cent per year, ...
The project recently reached a major milestone with the successful completion of a Geotechnical Review Board audit.
captured in the ‘blood diamond’ moniker, and climate change. In this context, where has the combative marketing drive from De Beers been? In Anglo’s 2016 Integrated Report, the group said: ...
It sold its metallurgical coal mines in Australia for ... with major banks about working on a De Beers public listing, said Bloomberg News. A spokesman for Anglo American declined to comment, said the ...
De Beers, remains uncertain with owners Anglo American pondering a sale or spin-off. The grim environment has done little to deter the Canadians from touting their diamond industry and close work with ...