The agreement will see Botswana's share of diamonds from the Debswana JV gradually increase to 50% over the next ten years.

(Bloomberg Opinion) -- A diamond is forever. But perhaps not for De Beers’ owner Anglo American Plc. Facing a $39 billion bid from mining giant BHP Group Ltd, the London-listed company is ...

De Beers Group has amassed its biggest stockpile of diamonds since the 2008 financial crisis, laying bare the group’s challenge in reviving demand for jewels long seen as the pinnacle of luxury.

Diamond giant De Beers has seen its stockpile reach $2 billion, the biggest since the 2008 financial crisis, according to the Financial Times. "It’s been a bad year for rough diamond sales." ...

Botswana's newly inaugurated President, Duma Boko, has highlighted the importance of finalizing a sales agreement with ...

De Beers has built up its largest stockpile of diamonds since the Great Financial Crisis, as sinking demand and tougher competition weigh on the industry giant. "It's been a bad year for rough ...

DE Beers has amassed a stockpile of diamonds worth $2bn – the largest since the 2008 world financial crisis – following a period of prolonged poor demand. The Financial Times said diamonds were under ...

Diamond experts told BI that consumers shouldn't have to chose between mined and lab diamonds.Dhiraj Singh/Bloomberg/Getty Images De Beers has accumulated the biggest stockpile of diamonds since 2008, ...

Diamond experts told BI that consumers shouldn't have to chose between mined and lab diamonds.Dhiraj Singh/Bloomberg/Getty Images De Beers has accumulated the biggest stockpile of diamonds since ...