# Former De Beers chief executive and Global Diamond Consortium chairperson Gareth Penny says a new chapter can be created for the natural diamond industry. This follows Botswana President Duma Boko’s support for a partnership to acquire Anglo American’s 85-percent stake in De Beers. Penny says Botswana, Angola, Namibia and Oman are backing the initiative. He says the partnership aims to strengthen producing countries’ influence, reconnect with consumers and grow demand for natural diamonds. Negotiations with Anglo American are continuing.
Global Diamond Consortium sees new future for natural diamond industry