Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...

At the beginning of 2025, South Africa had six billionaires on the global wealth rankings. These individuals have built their ...

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 ...

DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 ...

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

Conoco Phillips said fourth-quarter net income declined alongside energy prices but the oil giant forecast production growth in 2025 while signaling a more aggressive dividend and share-buyback ...

The London-listed miner cut 2025 diamond production guidance as it looks to stabilize supply while clearing its large inventory, he says. De Beers cut prices by 10% to 15% in its last auction of 2024 ...

Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...

Anglo American grapples with South African logistics challenges impacting Kumba Iron Ore, while De Beers faces financial ...