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: diamonds
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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Botswana seeks new mineral growth beyond diamonds
Botswana is accelerating efforts to reshape its mining sector as the government seeks to identify new ...
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Petra Diamonds restructures Finsch mine amid industry pressures
Petra Diamonds has announced plans to cut jobs across its operations and place its flagship Finsch ...
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Zimbabwe Expands Diamond Ambitions Despite Global Turbulence
Zimbabwe is seeking to increase diamond production in 2026 despite continued volatility in the global diamond ...
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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 Raises Interest Rates as Inflation Surges and Global Energy Shock Intensifies
Botswana has become the first African country to raise interest rates in response to the recent ...
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Namibia Mining Revenue Surges Despite Output Decline in 2025
Namibia’s mining sector recorded a substantial increase in revenue in 2025 despite a marked contraction in ...
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S&P downgrades Botswana as global diamond market shifts
S&P Global Ratings has downgraded Botswana’s long term sovereign credit rating to BBB minus from BBB, ...
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Anglo Cuts De Beers Value as African States Eye Stakes
Anglo American has announced a significant reduction in the carrying value of De Beers, writing down ...
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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.