The venture, jointly owned by Vale and BHP, has already reached an agreement with the regulator and could get formal permission to operate as soon as mid-September.
Venezuela could lose its largest U.S. asset after a court allowed Crystallex to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.
In the diamond trading world, becoming one of De Beers' elite buyers is viewed as essential to achieving success and making money. Now, it’s no longer so easy.