November 6, 2011 De Beers Stake Sale Poses no Problem for Industry: GJEPC The sale of the Oppenheimer family’s 40 percent stake in De Beers to Anglo American posed no problems for the industry, said Sanjay Kothari, Vice Chairman of India’s Gem &…
November 4, 2011 Anglo American pays Oppenheimer family US$5.1 billion for 40% of De Beers 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 Breaking News: Oppenheimer Cashing Out, Selling De Beers for $5.1 Billion to Anglo American 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 mines minister finds the nationalization horse bolted 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 De Beers ups new South Africa mine investment to $1.9 billion 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 Letšeng rocks on: one rough worth more than $1 million, 10 bigger than 10.8ct per week 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 4th quarter rough diamond demand to decline by $1 billion 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 IDEX Online Research: polished diamond prices slip 1.6% in October 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 exports $530m worth of diamonds in August 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 Zimbabwe able to sell diamonds again 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…
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