Anglo American sees another De Beers impairment

Mining5h
Anglo American nears De Beers spinoff as Botswana weighs stake rise
Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...
De Beers IPO moves closer for Anglo American as Botswana eyes bigger stake
Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell De ...
Botswana, De Beers reach diamond sales agreement after years of negotiations
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
Anglo CEO pursues value as works on De Beers spin-off
Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...
InvestmentNews3d
Wealthy Americans are buying more diamonds at last
The industry has been hammered by a collapse in diamond demand from China and the increasing penetration of lab grown stones.
The Economist1d
Don’t propose with a diamond
Since De Beers, the world’s leading diamond company, ingeniously announced that “diamonds are forever” in the 1940s, most ...
De Beers agrees on fresh sales agreement with Botswana
Miner Anglo American's diamond unit De Beers said on Monday it had finalised negotiations with the Botswana government for a ...
Mmegi3d
Gov't, De Beers finally conclude talks
Government and De Beers have finalised their long-drawn-out talks for a new sales agreement and are due to formally sign the ...