Sale of the miner, which is now valued at $4bn, may be delayed following ‘really, really difficult’ market

Anglo American has reduced the value of its diamond subsidiary, De Beers, by $2.9 billion, marking the second consecutive year of such writedowns....

As the diamond market continues to struggle with weaker demand, De Beers has cut its 2025 production target by 40%, reducing output to between 20...

The diamond sector faces an existential crisis from far cheaper lab-grown alternatives and the fading allure of the romanticism around the gems. Anglo...

The contrast with Anglo’s unloading of its platinum group metals (PGMs) and diamond assets is quite stark. PGMs are in a rough patch at the moment...

De Beers and Botswana lock in historic pact De Beers Group and Botswana government have successfully concluded negotiations for a new rough diamond...

By Joshua Frank In early January, Donald Trump Jr.’s private plane landed on a snowy airfield in Greenland. There was little fanfare upon his...

De Beers’ rough diamond sales to local manufacturers, ranging from large-scale operations to small, independent beneficiators, ensure that more...

By Mark Thornton In September 2023, we looked at the high price of beef and how big government has been bad for the American family budget. With...

Sibanye-Stillwater expects to narrow down its full year losses for 2024 on the back of an improvement in impairments and an increase in net gains on...