Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...

Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...

RBC Capital lowered the firm’s price target on Anglo American (NGLOY) to 2,130 GBp from 2,200 GBp and keeps an Underperform rating on the ...

Anglo American is shedding De Beers and PGM businesses to focus on copper and iron ore, making it more attractive for a ...

Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...

Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...

Barclays analyst Ian Rossouw CFA maintained a Buy rating on Anglo American (AAUKF – Research Report) today and set a price target of £30.00.

Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...

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 ...

Anglo American PLC closed 12.90% below its 52-week high of £28.13, which the company reached on May 13th.

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.

The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.