Africa’s Diamond Powerhouses, Angola and Botswana Are in Talks to Take over the World’s Biggest Mining Brand

Botswana, Angola Hold Talks On Diamond Sector Development - Voice of Nigeria Broadcasting Service

The mining ministers of Botswana and Angola held talks in Botswana’s capital on Friday on cooperation in the diamond sector, as the two Southern African countries seek to take control of Anglo American (AAL.L), diamond unit De Beers. Botswana, which owns 15% of De Beers and contributes 70% of its annual rough diamond production, considers the company a strategic national asset despite a slump in global diamond prices that has hurt its economy. A…

Africa’s diamond powerhouses, Angola and Botswana are in talks to take over the world’s biggest mining brand

Africa’s leading diamond powerhouses, Botswana and Angola, have opened … currently owned by Anglo American. “At the top of … Journal reported that Anglo American was considering selling De … sales and prices. Anglo American CEO Duncan Wanblad acknowledged …

Botswana and Angola set for talks as both seek control of De Beers

The mining ministers of Botswana and Angola are set to meet for talks in Botswana’s capital on Friday, as the two Southern African countries seek to take control of Anglo American diamond unit De Beers. Botswana, which currently owns 15% of De Beers and contributes 70% of its annual rough diamond production, considers the company …

Botswana and Angola contend for control of De Beers

Image credit: Reuters/Siphiwe SibekoThe mining ministers of Botswana and Angola are set to meet for talks in Botswana's capital, as the two Southern African countries seek to take control of Anglo American diamond unit De Beers. Read more...