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Gareth Penny

Coverage of Gareth Penny in the Nexus archive.

Earliest in view: Jul 20 · 12:50 UTCMost recent: Jul 20 · 12:50 UTC
Co-mentioned in this coverage
Anglo American Plcorganization1Global Diamond Consortiumorganization1Botswanaplace1De Beersorganization1Angolaplace1Namibiaplace1Venetia mineplace1
Recent coverage
  • BUSINESSJul 20 · 12:50 UTCSEMAFOR
    Anglo names preferred bidder for De Beers stake

    Anglo American selected the Global Diamond Consortium, led by Gareth Penny, as its preferred bidder for an 85% stake in De Beers. Botswana, which holds the remaining 15% stake and pre-emptive rights, is evaluating its participation options, with potential involvement from Angola and Namibia. De Beers announced a two-year production halt at its Venetia mine amid declining rough diamond demand due to lab-grown competition.

Gareth Penny · Dossier · The Nexus