Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...
The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
The London-listed miner announced Thursday that it will review De Beers’s value as it looks to exit the business, citing ...
Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond ...
"Total copper production for 2024 was 772,700 tonnes, towards the top-end of our guidance range. Total production of 197,500 tonnes during the fourth quarter reflects the reconfiguration of the Los ...
Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones ...
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...
Anglo American (OTCQX:AAUKF ... Anglo (OTCQX:AAUKF) (OTCQX:NGLOY) said it expects its De Beers diamond business to book an impairment, as the company reviews the diamond unit's value in light ...
Anglo American is conducting an “impairment review” of its De Beers business due to poor conditions in the diamond market and preparing to write down the unit’s value ahead of a planned demerger.
Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell De ...