Anglo American to buy Oppenheimers out of De Beers
Fp Archives • 14 years agoGlobal miner Anglo American is set to take control of De Beers, buying out South Africa's Oppenheimer family in a $5.1 billion deal that ends the dynasty's direct links to the diamond business after almost a century.
Diamonds could be the next favourite for investors
Fp Archives • 13 years agoChinese and Indian appetite for diamonds will fuel demand growth of more than 6 percent a year over the next decade.
Prepare for costlier bling: De Beers warns diamond supply to fall from 2020
Fp Archives • 11 years agoA dearth of major new diamond finds means that production might not keep up with ever-increasing demand from the United States, China and India, De Beers claimed.<br />
Social media empowers anti-mining activists across the world
Fptechno • 11 years agoFacebook and other social networks are making it easier for anti-mining activists to derail projects...
De Beers' Oppenheimers prove a diamond isn't forever
Fp Archives • 13 years agoAfrica's second-richest family sold their 40 percent stake in De Beers to Anglo American this month for $5.1 billion in the light of unsteady markets and recession worries.