Diamond Top Stories

Anglo American shrinks trading unit as part of major restructuring

The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.

Bloomberg News | July 22, 2024 | 10:37 am

Anglo’s sale of De Beers hindered by diamond market state

Anglo American has warned of more production cuts at De…

Cecilia Jamasmie | July 18, 2024 | 4:33 am

Star Diamond acquires Buffalo Hills project in Alberta

Located approximately 400 kilometres northwest of Edmonton, the Buffalo Hills…

Staff Writer | July 15, 2024 | 1:14 pm

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley…

Cecilia Jamasmie | July 9, 2024 | 4:03 am

Weak Chinese demand dents India’s diamond exports, industry seeks support

India's cut and polished diamond exports have been faltering due…

Reuters | July 4, 2024 | 7:02 am

Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.

Cecilia Jamasmie | May 14, 2024 | 4:04 am

Anglo investors tell company to move faster to survive BHP bid

Anglo shareholders have been urging the company to explain how it would create more value than by just selling to the rival.

Bloomberg News | May 11, 2024 | 11:44 am

Rio Tinto has not ruled out bid for Anglo American — report

While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.

Cecilia Jamasmie | May 10, 2024 | 6:45 am

Lucara Diamond records strong quarter at Karowe mine

Key milestones, including the recovery of high-quality diamonds at the Botswana mine and a new long-term sales deal, contributed to the results.

Cecilia Jamasmie | May 10, 2024 | 3:40 am

Botswana vows to protect interests in potential BHP-Anglo deal

Botswana has not been formally approached by either BHP or Anglo.

Bloomberg News | May 9, 2024 | 7:10 am

Lab diamonds just won a battle, not the war

Despite the hype, man-made diamonds only account for 20% of global diamond jewellery sales and analysts expect their price to fall.

Cecilia Jamasmie | May 8, 2024 | 8:20 am

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Anglo American shrinks trading unit as part of major restructuring

Anglo’s sale of De Beers hindered by diamond market state

Star Diamond acquires Buffalo Hills project in Alberta

Anglo American kicks off coal assets sale — report

Weak Chinese demand dents India’s diamond exports, industry seeks support

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Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo investors tell company to move faster to survive BHP bid

Rio Tinto has not ruled out bid for Anglo American — report

Lucara Diamond records strong quarter at Karowe mine

Botswana vows to protect interests in potential BHP-Anglo deal

Lab diamonds just won a battle, not the war

BHP bombshell puts South African mining in a hole

Anglo CEO meets South Africa mines minister after BHP’s takeover proposal

BHP’s high-stakes tilt for Anglo puts regulators in spotlight