De Beers May Sell Off Historic London Headquarters - Report

Finance and Trade
22/02/2016 13:25

Mining giant Anglo American, which owns 85% of De Beers, may sell the diamond miner's historic London headquarters, thus firmly bringing about the end of an era for the world’s largest diamond mining company, GemKonnect reported. De Beers’ huge complex in Charterhouse Street, close to the Hatton Garden diamond district, could be added to the assets for sale by Anglo American which last week published a wide scale break-up of the mining giant after reporting the biggest loss in its 99-year history. De Beers' London property could raise around $180 million.

The London buildings were where De Beers aggregated and sorted rough diamonds from across the world and held its sights for around 80 years until 2013 when a deal with the Botswana government saw that role moved to Gaborone.