Guest Column - The word "historic" is often used too loosely to retain its meaning. I believe, however, that yesterday's announcement -- that De Beers will sell 26% of its South African ...
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By the 1990s, De Beers' mining operation in South Africa was a mere shadow of what it once had been. In its heyday DBCM operated the Kimberley, De Beers, Dutoitspan, Wesselton and Finsch mines in what today is called the Northern Cape province, the Koffiefontein mine in the Free State province and the Premier mine in Gauteng, where in 1905 ...
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South African petrochemicals company , mining group Anglo American and its diamond business De Beers entered into a joint development agreement on Tuesday to pilot the production of renewable ...
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The Beers are looking for a buyer for the Voorspoed mine in South Africa. De Beers, who almost owns a world monopoly on diamonds, reopened this mine in 2008. At the time, the group emphasized that this was the first project that was completely based on 'black economic empowerment', a strategy of the South African government to let the black population benefit …
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De Beers Consolidated Mines - the South African arm of the diamond giant, De Beers - has agreed to sell the Cullinan Diamond Mine as a going concern to the Petra …
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A rare 507 carat white diamond was discovered at the Cullinan Mine near Pretoria. Read more » South Africa: Diamond Sold For Record U.S. $9.4 Million allAfrica, 13 May 2009
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But, in the case of the fabled Kimberley and Cullinan diamond mines, De Beers rationale for selling is not immediately evident. Nor does it appear at first glance to be financially prudent. Some of the old mines that De Beers has sold off in the past three years have gone on to produce remarkable diamonds of historical sizes that sold for ...
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South Africa: Stellenbosch Students Join Nationwide Protests Over Fees - South African News Briefs - February 21, 2025 (allAfrica) South Africa: South Africa's Finance Minister Wanted to Raise VAT ...
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The world's biggest diamond company De Beers said Thursday it was selling its historic Cullinan Diamond Mine in South Africa, where the largest ever diamond was found. Benchmarks Nifty 23,753.45 165.96
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The world's biggest diamond company De Beers said Thursday it was selling its historic Cullinan Diamond Mine in South Africa, where the largest ever diamond was found. Benchmarks Nifty 24,571.65 -70.15
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De Beers Consolidated Mines (DBCM), the South African arm of diamond giant De Beers, on Thursday said it had agreed to sell the Cullinan Diamond Mine as a going concern …
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Weighing 3 106 ct in its uncut state, the diamond became known as the Cullinan. In 1917, De Beers Consolidated Mines acquired a controlling interest in the Premier mine, and in 1973, De Beers ...
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Located just outside of Pretoria in the Gauteng province of South Africa, Cullinan is a historic mining town that offers visitors a unique blend of natural beauty, cultural experiences, and outdoor adventures.Things to Do in Cullinan:1. Visit the Cullinan Diamond Mine: The Cullinan Diamond Mine is one of the largest diamond mines in the world and offers visitors a chance to learn …
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Under terms of the new agreement, Botswana's government will be allowed to sell 30% of rough diamonds mined through a joint mining venture with De Beers. The share rises to 50% by the end of the ...
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JOHANNESBURG (MarketWatch) -- De Beers SA, the world's largest producer of diamonds, Thursday said it has agreed to sell South Africa's historic Cullinan mine to a consortium led by …
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THE slowing global economy has dented De Beers' sales. The world's largest diamond mining company saw its sales inch up only 1% during the first six months this year. Although De Beers is no ...
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Column - NEWS that De Beers is having a right difficult time making dosh by selling its rough diamonds at the moment seems to have confirmed anecdotes from other diamond companies in recent months.
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JOHANNESBURG (MarketWatch) -- De Beers SA, the world's largest producer of diamonds, Thursday said it has agreed to sell South Africa's historic Cullinan mine to a consortium led by Petra Diamonds ...
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De Beers sells Buffels Marine Mining Right – De Beers Group. Jackie Mapiloko Tel +2783 843 4133 jackie.mapiloko@debeersgroup. About De Beers Group. De Beers Group is a member of the Anglo American plc group. Established in 1888, De Beers Group is the world's leading diamond company with expertise in the exploration, mining and marketing of ...
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JOHANNESBURG – De Beers, the world's biggest diamond producer, said yesterday it had sold its historic Cullinan mine to a consortium led by Petra Diamonds for one …
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Johannesburg — Group appoints John Hughes to steer new mining projects . DE BEERS has appointed John Hughes senior vicepresident for new business development within De Beers' Canada Corporation ...
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The world's biggest diamond company De Beers said Thursday it was selling its historic Cullinan Diamond Mine in South Africa, where the largest ever diamond was found. It …
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JOHANNESBURG, Nov 22: The world's biggest diamond company De Beers said on Thursday it was selling its historic Cullinan Diamond Mine in South Africa, where the largest …
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The diamond was discovered at the Cullinan Mine in South Africa in 2021, one of very few sources in the world for extremely rare blue diamonds. Over the past year, De Beers has worked with its partner, Diacore, one of the most experienced master diamond cutters, to cut and polish the extraordinary rough diamond and bring The De Beers Blue to life.
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The Cullinan mine, located north of Pretoria in South Africa's Gauteng province, which was purchased by Petra Diamonds from De Beers in 2007. Previously known as the Premier mine, it has yielded several of the world's most famous diamonds, including the 3,106-carat Cullinan Diamond that was mined in 1905.
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De Beers Consolidated Mines, the South African arm of diamond giant De Beers, on Thursday said it had agreed to sell the Cullinan Diamond Mine as a going concern to the Petra Diamonds Cullinan ...
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The De Beers' Cullinan blue diamond was auctioned off for R911 million in Sathabees, Hong Kong on Wednesday; The 15.1-carat rare diamond was discovered at the Cullinan mine in South Africa in April last year; The De Beers' Cullinan blue diamond that the sold to an unnamed buyer was the largest of its kind on record to be auctioned off
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Analysis - Christened 'Debswana', its 50-year-old mining pact with de Beers is showing signs of strain - for some rather unexpected reasons.
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DE BEERS has agreed to sell its historic Cullinan diamond mine in South African to a consortium led by Petra Diamonds for 1 billion rand ($A167 million) cash.
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