De Beers appoints Cook, Cleaver to be CEO, co-chairman

Anglo American’s De Beers will begin the new year with new leadership, as it has appointed Al Cook as its CEO and current CEO Bruce Cleaver to co-chairman of the company. The move, which will be effective in early 2023, comes as Cleaver opted to step back into a non-executive role after six years in his seat as CEO. Cook,…

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GNRI considers sale of Khoemacau copper-silver mine

UK-based private equity firm GNRI is working with an adviser to identify potential buyers for its Khoemacau copper-silver mine in Botswana, reported Bloomberg. A deal could value the asset at $1.5 billion. Khoemacau is an underground mine located in the Kalahari Copper Belt, which stretches from northeast Botswana to western Namibia. First concentrate was produced in June 2021, and the…

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