Anglo said to be in talks to sell De Beers for about $1 billion
Anglo American is discussing a deal worth about $1-billion to sell its De Beers diamond business, just a fraction of what the one-time diamond monopoly was once worth.
Diamond miner ZCDC lobbies for exchange control concessions
The Zimbabwe Consolidated Diamond Company (ZCDC) has appealed to government for tax and foreign currency policy relief, warning that worsening global market conditions have pushed the state-owned miner into a growing viability crisis.
A $3.7bn loss is pushing Botswana to look beyond diamonds
By the end of 2025, reserves had fallen to $3.8 billion, a significant $3.7 billion decrease from 2017 levels.