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Penny ticks the boxes for De Beers, says industry CEO
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Penny ticks the boxes for De Beers, says industry CEO
THE depressed diamond market will turn around only if Anglo American choses an “acceptable” buyer for De Beers and the only bidder exhibiting all the key requirements to be acceptable is the consortium led by former De Beers CEO, Gareth Penny. That’s the view of Botswana Diamonds MD James Campbell who is now exploring for copper projects in Botswana because of the grim state of the diamond business. Anglo American is currently carrying out a “st…
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