Anglo Approves New Diamond Mine
Bloomberg reported Anglo American Plc (LSE:AAL) Namdeb Diamond Corp. approved 280 million Namibian dollars for a new mine.
Articles Tagged "anglo american plc"
Anglo American Nets Big Profits in Diamonds, Coal
CNBC reported Anglo American Plc. (LSE:AAL,JSE:AAL) saw an increase in profits mostly in its diamond and coal sectors.
Job Cuts Continue In Diamond Sector
De Beers is set to cut jobs in Botswana, which might send a shiver down the diamond industry's spine, but India has made clear its intention to source diamonds directly from Botswana. Better sense has prevailed, and Botswana has recognized that it would be wise to diversify the sellers of its famed diamonds, rather than just go through De Beers.
