
De Beers H1 Output up 21% to 16.1 Million Carats
Gaborone: Anglo American said De Beers’ rough diamond production leaped 21 percent to 16.1 million carats during the first half of the year compared with

Gaborone: Anglo American said De Beers’ rough diamond production leaped 21 percent to 16.1 million carats during the first half of the year compared with

London: Anglo American, the parent company of De Beers, has appointed industry outsider Stuart Chambers as chairman, the company announced Wednesday. Chambers is a former

Mumbai: Mr. Anil Agarwal, an Indian mining billionaire, plans to buy as much as 2 billion pounds ($2.4 billion) of Anglo American Plc shares in

Toronto: Productivity remains number one operational challenge for the industry as it has dropped by 30% over the last decade, said Mark Cutifani, CEO of

London: What a difference a year has made for Anglo American, the world’s number five diversified miner, which joined BHP Billiton Tuesday in lifting the

Gaborone: De Beers’ revenue and profits – reported as part of Anglo American’s preliminary financial results for 2016 announced yesterday – both showed an upward

London: Anglo American, the London-based diversified mining conglomerate including the De Beers Group in its portfolio, has announced that Sir John Parker intends to step

Cape Town: Anglo American, which has an 85 percent stake in De Beers, said the past year brought some reprieve for the global mining industry.

Gaborone: De Beers’ rough diamond production leaped 10 percent to 7.8 million carats during the fourth quarter of 2016 compared with 7.1 million carats, a

Gaborone: After posting a $5.6 billion loss for 2015 as a global rout in commodity prices punished the costly mines it operates around the world,
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