Angola's diamond miner Endiama seeks minority stake in De Beers
7 Articles
7 Articles


Angola's diamond miner Endiama seeks minority stake in De Beers
Angola's state diamond company Endiama has bid for a minority stake in Anglo American's diamond unit De Beers, the African country's ministry of mineral resources, petroleum and gas said on Wednesday.
Angola's diamond miner Endiama seeks minority stake in De Beers - Zimbabwe News Now
LUANDA, Angola – Angola’s state diamond company Endiama has bid for a minority stake in Anglo American’s diamond unit De Beers, the country’s Ministry of Mineral Resources, Petroleum and Gas said on Wednesday. De Beers is one of the world’s leading diamond companies, with operations spanning across Botswana, Namibia, Angola, South Africa and Canada. The diamond company, which has been put up for sale by Anglo amid falling diamond prices, had att…
Angola bids for minority stake in De Beers
Angola has offered to buy a minority stake in De Beers, one of the world’s largest diamond companies, in an effort to keep the century-old miner independent even as Botswana pushes for majority control. The post Angola bids for minority stake in De Beers appeared first on Nairametrics.
The battle for the influential diamond giant De Beers is taking on an African geopolitical twist: the Angolan government wants a consortium of several African countries to join the group. This is to prevent Botswana from gaining control of De Beers.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium