Plan is response to alleged leniency on forced labor.
Workers’ Union Condemns Petra over Finsch Mine Closure
Criticism comes after company places deposit under business rescue and states it will lay off workers.
Why De Beers Is Keeping Rough Prices Steady
Dealers believe Anglo American’s sale process is dictating policy.
It’s almost a year since De Beers made one of its biggest price cuts in history, slashing 10% to 15% off the value of its rough. Few sightholders expect anything similar in 2025, despite prolonged weakness in the market. The reason for this is clear: Anglo American is trying to sell the company.
The company has not made significant changes since that December 2024 realignment. The diamond miner kept prices…
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