De Beers Swings to $189m Loss as Demand Slumps

De Beers swings to $189m loss as demand slumps

Sunday Standard De Beers swings to $189m loss as demand slumps De Beers reported a $189 million EBITDA loss for the first half of 2025, down from a $300 million profit a year earlier, as weak diamond demand and lower prices forced production cuts and spending curbs. .ihc-locker-wrap{}There's more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it's also expe…

Anglo Denies Sidelining Botswana In De Beers Sale Process

After the government stated its concerns that its preemptive rights were being overlooked, Anglo American has denied sidelining Botswana in its ongoing efforts to divest or spin off De Beers BONGANI MALUNGA  The majority stakeholder in De Beers, Anglo American, has denied bypassing Botswana in the process of selling the mining conglomerate. This came in…