November 21, 2024 Alrosa plans production cuts and staff reduction for 2025 The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff.
November 14, 2024 De Beers upbeat on Botswana diamond pact after meeting new president De Beers' CEO said he expected negotiations on a new diamond sales pact with Botswana's government to be wrapped up within weeks.
November 7, 2024 Gahcho Kué diamond mine earnings fall in ‘disappointing’ market for De Beers JV Operations at the mine in the Northwest Territories lost C$11 million compared to an income of C$2.7 million in last year’s third quarter.
November 4, 2024 Anglo American sells Australian coal JV stake for $1.1 billion Anglo has agreed to sell its 33.3% stake in Jellinbah Group, a JV that owns 70% interest in the Jellinbah East and Lake Vermont coal mines.
November 1, 2024 Botswana’s new president aims to clinch De Beers diamond sales pact soon The pact will see the government's share of diamonds from the Debswana joint venture gradually increase to 50% over the next decade.
November 1, 2024 Botswana voters kick out ruling party of nearly six decades The country is facing economic stagnation linked to a decline in the diamond trade.
October 30, 2024 Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024 Debswana, equally owned by Botswana and Anglo American Plc’s De Beers, sells 75% of its output to De Beers.
October 28, 2024 Diamond-rich Botswana votes with President Masisi seeking second term Botswana will hold a general election on Wednesday with President Mokgweetsi Masisi competing against three challengers for a second term.
October 24, 2024 Can Anglo’s copper pivot help thwart renewed takeover bid? Any potential new bid should come when some of the restructuring is expected to completed by June or July next year.
October 24, 2024 Anglo American copper, diamond output down in Q3, 2024 guidance unchanged Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil.
Zimbabwe to continue mineral purchases in 2026, central bank governor says The central bank has aggressively pursued a foreign currency accumulation strategy through mandatory mining royalties, outright gold purchases and leveraging on the rally in gold. December 28, 2025 | 09:29 am
