The world's richest diamond mine worth £1bn and in the middle of a volcano
It's an open-pit mine, formed around a kimberlite pipe, a rare type of volcanic rock formation that can contain high ...
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Diamond deal terms reveal last minute ‘compromises’
The deep slump in diamonds and negative earnings at De Beers overshadowed the finalisation of the deal with Botswana, forcing ...
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Welcome news for diamond industry as De Beers and Botswana reach agreement
After a lengthy negotiation period, the De Beers Group and the government of the Republic of Botswana have signed a 10-year sales agreement.
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Botswana, the country with the biggest diamonds, gets an improved 10-year deal with miner De Beers
The Botswana government has signed a new diamond sales agreement crucial to its economy with the De Beers mining company after seven years of negotiations ...