Hosted on MSN7d
Anglo American anticipates impairment for De Beers amid weak diamond demand
Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Miningmx9d
Amplats hit by lower prices, write-down & demerger costs
ANGLO American Platinum (Amplats) booked R3.5bn in costs partly related to its demerger from Anglo American, which is ...
Anglo American sees another De Beers impairment as diamond demand remains weak
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
Buy9d
Anglo American production meets 2024 guidance, new strategy progresses
The London-based miner reported that copper production was down 14% for the fourth quarter of 2024 to 198,000 tonnes from 230,000 tonnes a year earlier, while output dropped 6.4% to 773,000 tonnes in ...
Anglo American Warns of De Beers Impairment Amid Subdued Diamond Demand
The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.