{"id":49030,"date":"2024-05-24T07:30:34","date_gmt":"2024-05-24T07:30:34","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale"},"modified":"2024-05-24T08:05:20","modified_gmt":"2024-05-24T08:05:20","slug":"de-beers-up-for-sale","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale","title":{"rendered":"DE BEERS up for sale"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Those with a love for diamonds \u2013 and a spare P100 billion in their back pocket \u2013 take note: Anglo American are selling De Beers Group!<\/b><\/p>\n

For months whispers have been growing louder that UK-based company, Anglo American were preparing to part ways with the world\u2019s biggest diamond miner, in which they own an 85 percent stake (the Botswana government owns the other 15 percent).<\/p>\n

On Tuesday, the rumours were finally confirmed, with Anglo American revealing they plan to \u2018divest or demerge\u2019 from De beers.<\/p>\n

It is hoped this will improve strategic flexibility for both entities, with the London-listed outfit stepping away from diamonds to focus its resources on copper, iron and fertilizers instead.<\/p>\n

\u201cThese actions represent the most radical changes to Anglo American in decades,\u201d declared Anglo Chief Executive, Duncan Wanblad.<\/p>\n

Despite this looming change, De beers called for calm, assuring the public it remains fully focused on delivering its strategy and creating value for stakeholders.<\/p>\n

\u201cWe have outstanding assets across countries, a unique sales model and an iconic brand, synonymous with diamonds. I am confident that we will remain the diamond leader for the next century. Anglo American opens up new possibilities under new ownership. But some things will not change. We will continue to deliver value for all our stakeholders, in particular we look forward to finalizing our transformational agreement with the government of Botswana,\u201d assured De beers Group CEO, Al Cook.<\/p>\n

Far from being worried, Cook insisted he was extremely excited at what the future holds for both De beers and diamonds in general.<\/p>\n

\u201cDiamonds remain some of the most desired products around the world, and I am excited by the opportunity we have to bring their magic to a new generation. With the ongoing recovery in rough diamond demand, and such a positive outlook for the sector, I feel very confident in our future,\u201d continued Cook, whose company runs diamond operations in South Africa, Namibia and Canada as well as Botswana.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Those with a love for diamonds \u2013 and a spare P100 billion in their back pocket \u2013 take note: Anglo American are selling De Beers Group! For months whispers have been growing louder that UK-based company, Anglo American were preparing to part ways with the world\u2019s biggest diamond miner, in which they […]<\/p>\n","protected":false},"author":84,"featured_media":49029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,244],"tags":[233,237,234],"class_list":["post-49030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nDE BEERS up for sale - Botswana<\/title>\n<meta name=\"description\" content=\"Those with a love for diamonds \u2013 and a spare P100 billion in their back pocket \u2013 take note: Anglo American are sellin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DE BEERS up for sale\" \/>\n<meta property=\"og:description\" content=\"Those with a love for diamonds \u2013 and a spare P100 billion in their back pocket \u2013 take note: Anglo American are sellin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-24T07:30:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-24T08:05:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1716525009.324875.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1800\" \/>\n\t<meta property=\"og:image:height\" content=\"1012\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"DE BEERS up for sale\",\"datePublished\":\"2024-05-24T07:30:34+00:00\",\"dateModified\":\"2024-05-24T08:05:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale\"},\"wordCount\":340,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1716525009.324875.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale\",\"name\":\"DE BEERS up for sale - Botswana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1716525009.324875.jpg\",\"datePublished\":\"2024-05-24T07:30:34+00:00\",\"dateModified\":\"2024-05-24T08:05:20+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Those with a love for diamonds \u2013 and a spare P100 billion in their back pocket \u2013 take note: Anglo American are sellin ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1716525009.324875.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1716525009.324875.jpg\",\"width\":1800,\"height\":1012,\"caption\":\"DE BEERS up for sale\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/botswana\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DE BEERS up for sale\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#website\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/\",\"name\":\"Botswana\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/botswana\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"DE BEERS up for sale - Botswana","description":"Those with a love for diamonds \u2013 and a spare P100 billion in their back pocket \u2013 take note: Anglo American are sellin ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale","og_locale":"en_US","og_type":"article","og_title":"DE BEERS up for sale","og_description":"Those with a love for diamonds \u2013 and a spare P100 billion in their back pocket \u2013 take note: Anglo American are sellin ...","og_url":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale","og_site_name":"Botswana","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2024-05-24T07:30:34+00:00","article_modified_time":"2024-05-24T08:05:20+00:00","og_image":[{"width":1800,"height":1012,"url":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1716525009.324875.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"DE BEERS up for sale","datePublished":"2024-05-24T07:30:34+00:00","dateModified":"2024-05-24T08:05:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale"},"wordCount":340,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1716525009.324875.jpg","keywords":["Africa Press","Africa Press-Botswana","Botswana"],"articleSection":["all news","economy","head lines","to-homepage"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale","url":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale","name":"DE BEERS up for sale - Botswana","isPartOf":{"@id":"https:\/\/www.africa-press.net\/botswana\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1716525009.324875.jpg","datePublished":"2024-05-24T07:30:34+00:00","dateModified":"2024-05-24T08:05:20+00:00","author":{"@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Those with a love for diamonds \u2013 and a spare P100 billion in their back pocket \u2013 take note: Anglo American are sellin ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#primaryimage","url":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1716525009.324875.jpg","contentUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1716525009.324875.jpg","width":1800,"height":1012,"caption":"DE BEERS up for sale"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/de-beers-up-for-sale#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/botswana\/"},{"@type":"ListItem","position":2,"name":"DE BEERS up for sale"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/botswana\/#website","url":"https:\/\/www.africa-press.net\/botswana\/","name":"Botswana","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/botswana\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts\/49030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/comments?post=49030"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts\/49030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/media\/49029"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/media?parent=49030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/categories?post=49030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/tags?post=49030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}