Diamond Top Stories

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

Cecilia Jamasmie | July 25, 2024 | 3:46 am

Star Diamond boosts resource estimate for Orion South project in Saskatchewan

The company says the Star-Orion South project is the largest…

Amanda Stutt | July 24, 2024 | 4:31 pm

Botswana touts 24% stake in new mining companies for citizens

Under current legislation, the government is entitled to offer to…

Bloomberg News | July 23, 2024 | 8:57 am

Anglo American shrinks trading unit as part of major restructuring

The miner also announced internally that it will no longer…

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

Alrosa says output stable amid Western sanctions

The Russian finance ministry said last month that Russia will regularly buy diamonds from the sanctions-hit producer through a state fund.

Reuters | May 2, 2024 | 8:05 am

Gem Diamonds finds yet another big stone in Lesotho

The 118.74 carats diamond is the fifth greater than 100-carat precious stone recovered this year at Letšeng mine.

Cecilia Jamasmie | April 30, 2024 | 3:33 am

Takeover rules to prevent Anglo from saying much on BHP bid at AGM

BHP's $39 billion bid will be the elephant in the room at Anglo American's Tuesday annual general meeting.

Reuters | April 29, 2024 | 7:07 am

BHP considering improved proposal for Anglo American after bid rejected

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected.

Reuters | April 27, 2024 | 1:43 pm

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away.

Cecilia Jamasmie | April 26, 2024 | 3:24 am

Anglo’s stumbles have made it prey for mining’s biggest predator

The company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP is moving in.

Bloomberg News | April 25, 2024 | 12:25 pm

Star Diamond, Minespider launch passport to comply with new G7 rules

Passport contains all key information about the diamond, including its provenance data, unique DNA, size, shape, color, carat, clarity, cut, and specific inclusions.

Staff Writer | April 25, 2024 | 11:20 am

BHP-Anglo American potential merger: It’s all about copper

The world’s largest miner wants to buy Anglo American, but only if its London-based peer divests Amplats and Kumba.

Cecilia Jamasmie | April 25, 2024 | 7:52 am

Anglo American confirms non-binding offer from BHP

The proposal comprises an all-share offer for Anglo American by BHP.

Bloomberg News | April 24, 2024 | 4:26 pm

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