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

Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones ...

The London-listed miner said on Thursday that it will review De Beers’ value as it looks to exit the business, citing persistently weak diamond demand. Last year, Anglo reduced De Beers’ book value by ...

Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond ...

Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...

DeBeers is learning the hard way. Diamonds are not forever. The miner, owned by the multi-national, Anglo American, has been ...

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

"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 ...

Anglo American AAL5.06%increase; green up pointing triangle expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload.

Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones continues to wane. The FTSE 100 group is planning to sell or spin off ...

Last year, Anglo American reduced the diamond business’ book value by $ ... with the Quellaveco mine in Peru recording its strongest quarter of the year in Q4.