The Business Times
SUBSCRIBERS

De Beers reveals more facets of its business

Openness aimed at drawing investors to owner Anglo American

Published Tue, Nov 4, 2014 · 09:50 PM
Share this article.

London

DE Beers, the diamond producer that's made secrecy a cornerstone of its business for more than 120 years, is pulling back the curtain to help bring more lustre to its owner Anglo American plc.

Anglo, a London-based miner of copper, coal and iron ore, hosted a 90-minute presentation for investors and analysts on Monday that revealed information De Beers has never made public before: where its best diamonds come from and how much they fetch per carat, for example.

Providing a better view of the diamond unit, acquired from the billionaire Oppenheimer family i…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here