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The Botswana government has signed a new diamond sales agreement crucial to its economy with the De Beers mining company ...
Botswana's government on Tuesday signed a long-delayed 10-year diamonds sales agreement with Anglo American unit De Beers ...
Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
Anglo is considering either selling or listing De Beers, the carrying value of which is now about $4bn. That includes about ...
Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De ...
GABORONE - After eight years of negotiations, Botswana and De Beers Group finally signed the renewed diamond sales agreement ...
The ten-year deal signed Tuesday in Gaborone also covers the sale of diamonds, the renewal of mining licenses and other ...
The diversified miner posted a worse loss than expected as it booked billions of dollars worth of impairments.
As part of the deal, Botswana's share of diamonds from Debswana, a joint venture with De Beers, will rise from 25% to 50%.
Anglo-American first announced last year its decision to divest from De Beers, the diamond company that long dominated the ...
LONDON (Reuters) -Anglo American posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted assets. Anglo aims to focus on ...
Anglo American AAL3.40%increase; green up pointing triangle wrote down the value of its embattled De Beers diamond business by another $2.9 billion as it seeks to ready the division for disposal a ...
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