In a dramatic shift, Anglo American Plc announced a significant restructuring plan on Tuesday. The move aims to both fight off a takeover bid and position the company for the future. Facing a £34 billion ($43 billion) unsolicited offer from rival BHP Group, Anglo American is shedding its diamond, platinum, and coal assets. This includes
Anglo American Ditching Diamonds for Copper in Major Restructuring Read More »
De Beers’ Lab-Grown Diamond Experiment | Epic Fail: Impact |What Does This Mean for the Future of the Diamond Industry? De Beers Abandons Lab-Grown Diamond Engagement Rings De Beers, the world’s largest diamond mining company, has abandoned its test-run of lab-grown diamond engagement rings. The company said on Wednesday that it will focus on its
De Beers’ $100 Million Lab-Grown Diamond Experiment Crashes and Burns Read More »
Is Botswana Getting a Raw Deal on Diamonds? Botswana, in southern Africa, has partnered with the London-based diamond giant De Beers for decades. Many in the country are pushing to get a better deal from the industry. Article New York Times Read Here… Mines The mines owned and operated by Debswana are: Botswana Diamond mines
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