Anglo American Reportedly Considers De Beers Sale at Around $1 Billion
Anglo American Plc is reportedly in discussions to sell its De Beers diamond business in a ...
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Tag: diamond industry
De Beers to Suspend Production at South Africa’s Largest Diamond Mine for Two Years
De Beers has announced that it will suspend production at its Venetia mine in South Africa ...
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Rio Tinto and Angola’s Endiama Launch Joint Venture to Advance Chiri Diamond Project
The Southern African Times reports that global mining company Rio Tinto has entered into a joint ...
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Botswana Economy Contracts Sharply as Diamond Sector Slump Weighs on Growth
Botswana’s economy contracted by 5.4 per cent year on year in the fourth quarter of 2025, ...
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Fresh Economic Pressures Emerge for Botswana as Diamond Market Weakens
Botswana, Africa’s leading producer of natural diamonds, is confronting renewed economic pressures following a downgrade of ...
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Namibia Joins Luanda Accord to Strengthen African Diamond Strategy
Namibia has officially acceded to the Luanda Accord, aligning itself with a growing coalition of African ...
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Botswana Eyes Modest Recovery as Debt Levels Surge
Botswana has projected a return to economic growth in 2026 following two consecutive years of contraction. ...
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Angola Targets 20–30% De Beers Stake as African Talks Intensify
Angola is pursuing a 20 to 30 percent stake in De Beers, the diamond mining and ...
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Botswana Confronts Diamond Oversupply as Global Pressures Weigh on Economic Outlook
Botswana has issued a cautious economic outlook as a growing stockpile of unsold diamonds, coupled with ...
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Petra Diamonds Shares Climb After Rare Blue Diamond Find
Petra Diamonds Limited has reported the recovery of a 41.82-carat type IIb blue diamond of exceptional ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.