De Beers

As a merger between mining giants Teck Resources and Anglo American nears completion, the companies have announced the executive leadership team that will lead Anglo Teck going forward. From... 

Anglo American said on Thursday its first-half loss more than halved, raised its dividend and reported further progress on its sweeping restructuring and proposed merger with Teck Resources. The... 

Anglo American CEO Duncan Wanblad said on Thursday the company was "not exclusive with any consortium" on the sale of its diamond unit De Beers. This follows recent media reports that the... 

Anglo American is discussing a deal worth about $1-billion to sell its De Beers diamond business, just a fraction of what the one-time diamond monopoly was once worth. Anglo has been looking to... 

Global diamond miner De Beers has reported an 88% year-on-year increase in rough diamond production to 7.8-million carats for the second quarter of this year, taking the company's output for the... 

Anglo American reported broadly flat first-half copper production on Thursday and lowered its 2026 copper cost guidance, but said its diamonds and steelmaking coal businesses are expected to post... 

Anglo American has chosen a preferred buyer for its stake in diamond producer De Beers, with Botswana weighing whether to exercise its right of first refusal either on its own, with Anglo's chosen... 

De Beers Group has decided to pause production at its Venetia mine for two years to reduce costs while also rephasing capital expenditure on the Venetia Underground Project. 

Labour union the National Union of Mineworkers (NUM) has strongly decried the plans announced by multinational diamond company De Beers and De Beers Sightholder Sales South Africa (DBSSSA) to pause... 

Diamond miner De Beers Group has, consistent with recent actions to improve business resilience, decided to pause production at its Venetia mine, in South Africa, for two years to reduce costs... 

The underground project is progressing in line with the reconfigured plan. 

Despite some impressive sustainability gains in the mining sector over the past decade, sustainable mining industry body ICMM CEO Rohitesh Dhawan says progress in Africa displays inconsistencies... 

De Beers has made some of the deepest ever cuts to its official diamond prices, potentially signaling an end to its years-long campaign to hold them well above the market rate. The cuts come at the... 

As TSX-listed Mountain Province Diamonds continues to pursue a potential restructuring transaction among its shareholders and creditors, which may include a "go-private" transaction, share... 

Angola emerged as Africa’s second largest diamond producer by value in 2024, with a total diamond output worth $1.41-billion, marking a significant shift in the global diamond landscape that has... 

The natural diamond industry’s legacy operating model of scarcity driving desire and desire driving price is under strain and as the industry moves forward, producers and traders confront pressures... 

As the natural diamond industry continues to navigate a challenging period, businesses across the pipeline are adapting to changing market conditions, evolving consumer behaviour and ongoing... 

A sale of De Beers, Anglo American's diamond unit, has never been closer, its CEO said on Tuesday, adding that a deal could come within weeks. Anglo put De Beers - one of the world's leading... 

Diamond miner De Beers has shared its latest research on US consumer trends in its latest 'US Diamond Acquisition Study' report, which found that jewellery that includes natural diamonds are the...