Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...

Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...

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

De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...

De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...

Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...

Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...

The London-listed miner said on Thursday that it will review De Beers’ value as it looks to exit the business, citing persistently weak diamond demand. Last year, Anglo reduced De Beers’ book value by ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake ...

The mining giant offered De Beers for sale last year as part of a sweeping overhaul launched in the wake of a takeover approach by BHP Group.

Amid ongoing challenging rough diamond trading conditions, De Beers has revised its production guidance for 2025 to between 20-million and 23-million carats, compared with previous guidance of between ...

De Beers India Managing Director Amit Pratihari said the plan is to establish 100 retail stores by 2030 with a revenue target ...