De Beers Takeover: Upcoming Analysis Document

Date: 02 May, 2024 | By Erez Jacob Rivlin

Picture : Debswana

Diamond Herald has assembled a unique consulting team that targets to analyze, assess and come up with initial conclusions regarding the potential impact of a De Beers takeover on the global diamond industry. In addition to the 5 acting members of Diamond Herald organic consulting team, we welcome geologists, mining and process engineers who have provided services to De Beers in the past. The experience and know-how of our team includes:

  1. Former consultant to the Russian and Angolan governments.
  2. Former CFO of public companies on NASDAQ and LSE.
  3. Former director in a company that was a De Beers sight holder for decades.
  4. Rough and polished evaluators and diamond polishing experts.
  5. Mining engineers who have provided services to De Beers in the past.
  6. Geologists who have provided services to De Beers in the past.

In the coming days we will upload the detailed TABLE OF CONTENTS of the upcoming Analysis Document.

Overview

De Beers is offered for sale now, no matter whether BHP will be successful with its Anglo American takeover bid. Therefore, we have decided that an in-depth analysis document is relevant and necessary for the thousands of companies and institutes that comprise the global diamond sector.

In case Anglo American’s takeover will go through, BHP’s board will face the challenge defining a new strategy for De Beers. We review some important relevant issues which have direct impact on De Beers, its partners and the diamond industry worldwide.

We expect De Beers to end 2024 financial year with a deeper EBIT loss than the ($252M) that was reported for 2022/ 2023 financial statements.

Our analysis covers the entire supply chain, in relation with the takeover bid. It includes a review of the financials, the mining operations and techniques, the ROM evaluation, sorting and selling mechanism, and the potential impact on the global rough market, diamond manufacturing, polished and jewelry markets.

We will end the analysis with conclusions, forecast of various scenarios and recommendations that should be considered by key decision makers.

For more information please contact us [email protected]