Angola is seeking a 10% holding in De Beers as part of Anglo American’s proposed sale of its stake in the major diamond producer, a mines ministry spokesperson told Reuters on Friday. Anglo American put De Beers, which operates and explores for diamonds in Botswana, Namibia, Angola, South Africa and Canada, up for sale in 2024 as part of a broader restructuring amid falling diamond prices and growing competition from synthetic stones.
Mining
