Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones ...
Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond ...
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 ...
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.
Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest headache for Russia.
Anglo American reported a fall in fourth-quarter copper and diamond production and cut its 2025 diamond production guidance. The London-listed mining giant said Thursday that it dug out 198,000 ...
Anglo American AAL1.36%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.
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...
"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 ...
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