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...diamond producing nations” such as Botswana, the Democratic Republic of Congo and South Africa....
...The business has also been hit by price collapses for diamonds and platinum as well as problems at its Quellaveco copper project in Peru that only started production in 2022....
...Bob Diamond’s Atlas Mara has been accused of failing to pay what it owed to acquire a Zambian bank in a lawsuit against the former Barclays chief executive’s lender that opened on Wednesday in London’s High...
...Even after the 19th-century discovery of diamonds in South Africa, De Beers controlled supply and prices through its cartel....
...South Africa, where Anglo American has iron ore, steelmaking coal and platinum mines, has become an increasing drag on production because of crippling problems in the logistics and power sector....
...In today’s newsletter: London brokers cling together BYD seeks LatAm lithium JetBlue’s deal turbulence Bob Diamond bets UK market has hidden gems Former Barclays boss Bob Diamond has come a long way...
...A dozen years ago, Bob Diamond and Rich Ricci stood at the pinnacle of British finance, serving respectively as chief executive and boss of corporate and investment banking at Barclays.Since leaving the...
...Anglo has sounded out potential buyers of its De Beers diamond business, including Gulf sovereign wealth funds, luxury houses and wealthy individuals in recent weeks, according to two people familiar with...
...That it worked was thanks to the galvanising drive and sheer bloody-mindedness of pop star Bob Geldof, but also to the countless backstage crew and even greater number of members of the public who gave and...
...BHP’s offer comes up against a legacy that began in 1917, when Ernest Oppenheimer, a diamond trader born in Germany, raised £1mn to found the Anglo-American Corporation to mine gold around Johannesburg....
...Laurence installed the painting, on public display, in his Delaire Graff Estate, near Stellenbosch, South Africa....
...Anglo American Platinum plans to cut 3,700 jobs in South Africa in a bid to reduce costs and turn around fortunes for one of the British mining group’s most troubled divisions....
...When Bob Sternfels welcomed guests to a memorial for McKinsey’s revered former global managing partner Ron Daniel on New York’s Park Avenue last Thursday, it was not clear if his own tenure in that role...
...Any deal for the company would have to get the approval of South Africa, which doesn’t seem keen on the prospect of BHP owning the company....
...All other units, such as De Beers diamonds, would have undergone a strategic review....
...Getachew Reda, chair of Tigray’s interim regional administration, told Channel Four News on Friday that the 1984 catastrophe, which prompted Irish musician Bob Geldof’s Live Aid fundraising drive, could...
...In September, at least 20 De Beers diamond mine workers were killed in a bus crash in South Africa. “It was horrific,” said Cook, recalling the moment he found out....
...It’s also important that without South Africa, Anglo is approximately the shape of BHP’s existing operations....
...Former Barclays chief executive Bob Diamond’s investment group, Atlas Merchant Capital, acquired Panmure in 2018. Liberum is owned by its employees....
...Kevin Shillington Author, ‘History of Africa’ Gillingham, Dorset, UK...
...Its De Beers diamond division and platinum metals unit have been hit by low prices....
...Diamond’s investment group, Atlas Merchant Capital....
...Botswana was once the most promising story on the continent, but it has been unable to find a way to diversify much beyond diamonds and is puttering along with an economic growth rate of below 3 per cent...
...Australia-based BHP approached its smaller rival this month with an all-stock offer excluding Anglo’s platinum and iron ore businesses in South Africa, which are independently listed....
...campaigns for new deposits in Canada, South Africa and Angola....
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