Mmolawa's presentation focused on the economic benefits that will accrue to Botswana through the new sales agreement between Debswana and de beers that requires the latter to relocate all operations of its diamonds distribution arm, DTC International, ...

Meanwhile, Botswana is allegedly losing revenue in its current diamond sales agreement with de beers. Under the agreement, the country is supposed to independently sell 10% of diamonds produced from the four Debswana mines.

Diamond giant de beers Canada is lobbying several politicians for permission to drain a lake and gain access to power lines for its planned Gahcho Kue diamond mine in the Northwest Territories. The proposed $650 million mine, which is currently before ...

The Responsible Jewellery Council (RJC) announced today that de beers Diamond Jewellers, the global diamond jewellery brand, has achieved certification by meeting the highest ethical, social and environmental standards established by the RJC's Member ...

de beers diamond production slumped in the fourth quarter of 2011 as the company carried out maintenance at key mines while the market softened. Output fell 24 percent year on year to 6.489 million carats during the three months that ended December 31, ...

de beers CEO Philippe Mellier thanked the DTC and its Sightholders and reminded attendees that: ?We must work to ensure that [new generations] discover a product with deep meaning, value and integrity.? de beers Chairman Nicky Oppenheimer expressed his ...

de beers reduces prices and changes assortments at estimated $650M sight as 4Q production -24% to 6.5M Cts. and total 2011 production -5% to 31.3M Cts. Indian markets confused and concerned with expectations of lower polished prices.

In November, Anglo bid $5.1 billion to take control of de beers, the largest diamond miner by sales, in its biggest acquisition since buying Brazil's Minas Rio iron-ore venture for about $5.5 billion in 2008, according to data compiled by Bloomberg.

The event for DTC Sightholders was hosted by de beers Group chairman Nicky Oppenheimer and DTC chief executive Varda Shine, and was attended by Anglo American chief executive Cynthia Carroll and de beers Group chief executive Philippe Mellier, ...

de beers diamond production slumped in the fourth quarter of 2011 as the company carried out maintenance at key mines while market demand for diamonds remained soften. Output fell 24 percent year on year to 6.489 million carats during the three months ...