November 4, 2011
Anglo American (LON:AAL) increased its interested in De Beers from 45% to 85% by buying out the Oppenheimer family for US$5.1 billion. De Beers is looking to Anglo American for…
November 4, 2011
Anglo American announced that it is buying the Oppenheimer's 40 percent stake in De Beers for $5.1 billion dollars.
November 3, 2011
South Africa's mineral resources minister Susan Shabangu is on a road show in Australia and the UK to quell fears of mine seizures and drum up new investment for the…
November 3, 2011
BusinessDay reports De Beers has no intention of reducing its interests in South Africa and will up planned investment in its new Venetia underground mine by more than $600 million…
November 3, 2011
Gem Diamonds' Letšeng mine continued to polish its reputation as the world's richest source of large diamonds, the London-listed company reported in a management statement covering July to October. 15…
November 3, 2011
The Citizen reports fourth-quarter rough diamond demand will be about $1.2 billion less than the $4.6 billion sold in each of the first three quarters of the year, Israel Diamond…
November 3, 2011
Global polished diamond prices slipped again in October for the third consecutive month, according to the IDEX Online Global Polished Diamond Price Index, but showed some vitality near the end…
November 3, 2011
Botswana exported $529.6 million worth of polished and rough diamonds in August, rising 82.1 percent year-over-year, based on figures published by the Bank of Botswana.
November 2, 2011
As controversy continues to rage over mining in Zimbabwe's Marange alluvial diamond fields, Voice of America reports a deal has been reached to sell Marange diamonds. According to the World…
November 2, 2011
American diamond organizations are calling for reforms in the Kimberley Process against a backdrop of growing criticism that the system lacks the ability to effectively deal with rogue countries.
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