De Beers sightholders: �whine and dine�...

Friday, February 28, 2014

Analysts and journalists were quite surprised when Anglo American simply announced in its 2013 financial results that sales of De Beers last year had increased to $6.4 billion from $6.1 billion in 2012.

For the first time in decades, De Beers’ new controlling shareholder has made a policy decision to report natural rough and industrial synthetics sales in one figure. In contrast, the $6.1 billion figure from 2012 listed the company’s industrial synthetic sales (through Element 6), which, that year, amounted to $600 million, as part of a sales breakdown.

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De Beers sightholders: �whine and dine�...

Analysts and journalists were quite surprised when Anglo American simply announced in its 2013 financial results that sales of De Beers last year had increased to $6.4 billion from $6.1 billion in 2012.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply