|
|
|
De Beers Diamond Production +24% in 4Q
|
|
De Beers diamond production rose 24 percent year on year to 8.051 million carats during the fourth quarter that ended on December 31, 2012, dramatically improved by the resumption of operations at Jwaneng mine in Botswana. A slope failure incident...
|
|
|
Rough Markets
|
Jan 25, 2013
|
Dilipp S Nag
|
|
|
|
|
|
Anglo American Appoints Mark Cutifani as CEO
|
|
Anglo American has appointed Mark Cutifani as its new chief executive officer (CEO) to replace Cynthia Carroll. Cutifani, who is currently CEO of AngloGold Ashanti Ltd., will begin his new position on April 3, while Carroll...
|
|
|
Rough Markets
|
Jan 08, 2013
|
Dilipp S Nag
|
|
|
|
|
|
Cynthia Carroll Resigns From Anglo American
|
|
Cynthia Carroll has resigned as chief executive of Anglo American and will consequently relinquish her role as De Beers chairman. The resignation comes less than one month after Carroll was appointed chairman of De Beers after...
|
|
|
Mining
|
Oct 26, 2012
|
Dilipp S Nag
|
|
|
|
|
|
Anglo American Completes De Beers Acquisition
|
|
Anglo American completed its acquisition of an additional 40 percent stake in De Beers from CHL, representing the Oppenheimer family's interests. Anglo American's share in De Beers rose to 85 percent.Under the terms of the agreement with CHL, originally announced...
|
|
|
Mining
|
Aug 17, 2012
|
Jeff Miller
|
|
|
|
Mining
|
Jul 31, 2012
|
Jeff Miller
|
|
|
|
|
|
Anglo Receives Final Approval for De Beers Acquisition
|
|
Anglo American received the consent of the South African Minister of Mineral Resources to acquire an additional 40 percent stake in De Beers from the Oppenheimer family for $5.1 billion.The consent is the final approval required for the...
|
|
|
Financial-Legal
|
Jul 06, 2012
|
Dilipp S Nag
|
|
|
|
|
|
De Beers 1Q Diamond Production Slumps 16%
|
|
De Beers diamond production fell 16 percent year on year to 6.208 million carats in the first quarter of 2012, parent company Anglo American reported Thursday. Output declined by 4 percent when compared to the fourth quarter of 2011. Anglo...
|
|
|
Mining
|
Apr 19, 2012
|
Avi Krawitz
|
|
|
|
|
|
Confusing Sightholders
|
|
Diamond Trading Company (DTC) sightholders arrived at the annual De Beers chairman’s cocktail reception on Tuesday with one thing on their minds – rough prices. Not only were they still trying to assess the true value...
|
|
|
Rough Markets
|
Jan 27, 2012
|
Avi Krawitz
|
|
|
|
|
|
Carroll: We Understand That Diamonds are Not a Commodity
|
|
The following transcript includes the speech delivered by Cynthia Carroll, the chief executive of Anglo American, to Diamond Trading Company sightholders in London this past evening. Thank you Nicky, and good evening everyone. It is a great...
|
|
|
Rough Markets
|
Jan 25, 2012
|
Cynthia Carroll
|
|
|
|
|
|
Anglo American Shareholders Approve De Beers Acquisition
|
|
Anglo American shareholders approved the company’s plan to acquire an additional 40 percent stake in De Beers from the Oppenheimer family for $5.1 billion. The plan passed as expected and with an overwhelming majority, or 99.94 percent of shareholders,...
|
|
|
Financial-Legal
|
Jan 06, 2012
|
Ricci Dipshan
|
|
|
|
|
|
A Diamond Handshake
|
|
The exit of the Oppenheimer family from De Beers marks the final chapter in the company’s natural progression toward being a true corporate entity, rather than a relationship-based business. On Friday, De Beers announced that Anglo American...
|
|
|
Rough Markets
|
Nov 11, 2011
|
Avi Krawitz
|
|
|
|
|
|
Anglo American to Buy Oppenheimer’s Stake in De Beers for $5B
|
|
Anglo American Plc agreed to acquire the Oppenheimer family’s 40 percent stake in De Beers for $5.1 billion in cash. The acquisition will increase Anglo American’s stake in the diamond company to 85 percent from 45 percent currently.''This transaction...
|
|
|
Mining
|
Nov 04, 2011
|
Dilipp S Nag
|
|
|
|
|
|
De Beers 3Q Diamond Production +3%
|
|
De Beers rough diamond production rose 3 percent year on year to 9.305 million carats in the third quarter of 2011, parent company Anglo American reported. The increase came due to higher productivity and variations in grade and...
|
|
|
Mining
|
Oct 23, 2011
|
Avi Krawitz
|
|
|
|
|
|
De Beers 1Q Production +5% to 7M Carats
|
|
De Beers rough diamond production rose 5 percent year on year to 7.4 million carats during the three months that ended March 31, 2011, but the figure was the lowest in four quarters, Anglo American...
|
|
|
Mining
|
Apr 21, 2011
|
Avi Krawitz
|
|
|
|
|
|
Anglo American Supports Japan Relief with $5M Donation
|
|
Mining giant Anglo American donated $5 million in support of Japan following the devasting earthquake and tsunami. Cynthia Carroll, Anglo American's chief executive, announced the donation made to the Japanese Red Cross. Carroll said,...
|
|
|
Marketing
|
Mar 18, 2011
|
Jeff Miller
|
|
|
|
Expecting More of the Same
|
|
As 2010 ended with relative stability in the market, rumors stirred that Anglo American was preparing to bid for the 40 percent stake in De Beers held by the Oppenheimer family. The prospective deal would bring Anglo’s share in the diamond mining company to 85 percent, with the Botswana government...
|
|
|
Polished Markets
|
Jan 01, 2011
|
Avi Krawitz
|
|
|
|
Oppenheimer & Son Sell 2M Anglo Shares
|
|
E Oppenheimer & Son International Limited (EOSIL) sold 2.1 million Anglo American shares at GBP 30.43 each between December 10 and 13. Maitland Advisory handled the sale. There 27.3 million Anglo American shares owned by EOSIL being held as security for a loan facility. The Oppenheimer...
|
|
|
Mining
|
Dec 15, 2010
|
Deena Taylor
|
|
|
|
Mining
|
Jul 08, 2010
|
Rapaport
|
|
|
|
Mining
|
Jul 01, 2010
|
Rapaport
|
|
|
|
Retail
|
Jun 24, 2010
|
Rapaport
|
|
|
