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Firestone BK11 Mine 140
Diamond Mine Sells for Just $50K
Firestone Diamonds will sell its Botswana operations for $50,000 after trying to offload the asset for
News Jul 04, 2021 Rapaport News
Gareth Penny 150
Pangolin Acquires Former De Beers Mine
Pangolin Diamonds has signed an agreement to acquire a mine in Botswana, the company said last week. Pangolin has
News Apr 09, 2018 Rapaport News
Former De  Beers CEO Gareth Penny
Gareth Penny Leads Botswana Mine Purchase
Former De Beers CEO Gareth Penny has partnered with a high-end colored-diamond manufacturer to buy Firestone Diamonds’ mining
News May 25, 2017 Rapaport News
Former De  Beers CEO Gareth Penny
Ex-De Beers CEO Joins Pangolin Diamonds
Former De Beers chief executive officer Gareth Penny has joined diamond exploration company Pangolin Diamonds Corp.
News Aug 18, 2016 Rapaport News
Penny Joins Investment Firm
Gareth Penny, De Beers former chief executive officer (CEO), joined private equity firm TowerBrook Capital Partners as a senior adviser. Penny will be responsible
Analysis Mar 01, 2011 Rapaport
Former De  Beers CEO Gareth Penny
Penny Joins Investment Firm as Senior Adviser
Gareth Penny, former De Beers executive, joined private equity firm TowerBrook Capital Partners as a senior adviser. Penny
News Feb 10, 2011 Deena Taylor
Of De Beers Politics and Strategy
Believe it or not, Gareth Penny’s resignation as De Beers chief executive officer (CEO) will not be the company’s most significant event in 2010. There are
Analysis Jul 29, 2010 Avi Krawitz
An Abnormal Company
De Beers managing director Gareth Penny stressed in a recent interview with London’s Financial Times that the company has shed its “mystique” as the
Analysis Jun 24, 2010 Avi Krawitz
De Beers Publishes Annual 'Report to Society'
De Beers released its annual Report to Society for the year 2009 to document the company’s recent sustainability performance. The report noted that
News May 18, 2010 Jeff Miller
A Cut to Profits
Beneficiation — the word is rough on the tongue and equally rough on diamond cutters. For Southern Africa, beneficiation represents the promise of jobs and
Analysis May 01, 2010 Ettagale Blauer
DTC's April Sight Estimated at $470M
De Beers sold an estimated $470 million worth of rough diamonds to sightholders at this week’s Diamond Trading Company (DTC) April sight, sources who participated
News Apr 29, 2010 Avi Krawitz
De Beers Production to Stay Below 2008 Levels
De Beers is planning to keep its long-term diamond production well below the peak levels it achieved in 2008, before the global economic downturn set
News Apr 26, 2010 Avi Krawitz
DBCM Appoints Petersen as CEO
De Beers appointed Barend Petersen as the chief executive officer (CEO) of De Beers Consolidated Mines (DBCM) on April 1, 2010. Petersen succeeds David Noko, who
News Apr 08, 2010 Jeff Miller
De Beers Renews Bank Credit Facilities
De Beers has renewed its bank loan facilities after concluding negotiations that began in mid-2009, the diamond mining company announced on Tuesday. The
News Mar 23, 2010 Avi Krawitz
The De Beers Bailout
Features Mar 07, 2010 Avi Krawitz
Market Comments 2/25/2010
February DTC sight estimate at $525m with slightly softer premiums. Rough price speculation may be easing although demand still strong. Cutters and
News Feb 25, 2010
Debswana Names Penny New Board Chairman
Debswana, the joint diamond-mining venture held by De Beers and the Botswana, named Gareth Penny its new chairman of the board. Penny,
News Feb 21, 2010 Avi Krawitz
Take De Beers Cautious Advice…
In putting the past year in perspective, perhaps the most striking aspect of De Beers 2009 earnings release on Thursday was its reference to current market
Analysis Feb 11, 2010 Avi Krawitz
Leviev named Israel’s top diamond exporter.
Polished diamond exports from LLD Diamonds dropped dramatically in 2009, but Lev Leviev’s company remained Israel’s top exporter, according to rankings published
News Feb 01, 2010 Rapaport
De Beers Botswana Creates New Senior Role
Press Release, De Beers, January 27, 2010: De Beers today announced the creation of a new position — resident director and chief executive officer (CEO)
Press Release Jan 28, 2010 De Beers
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