A $2.9BN write-down of De Beers took parent company Anglo American into a $3.1bn headline earnings loss for the 12 months ...

Discover key insights from Anglo American's Q4 2024 earnings call, including $1B cost savings, strategic portfolio moves, and future copper-focused growth.

JREwing commented: “All the big money has left the JSE 10 years ago and invested in the Dow Jones, Nasdaq, S&P and they made ...

LLOYDS BANKING GROUP has had to shift gears and put aside £1.2billion to cover potential claims from drivers for its part in ...

The launch of a pilot initiative to produce feedstock for renewable diesel in South Africa was announced on day two of the ...

Anglo American reported a $3.1billion loss on Thursday, after writing down its De Beers business. The company is continuing to shed unwanted assets.

The diamond sector faces an existential crisis from far cheaper lab-grown alternatives and the fading allure of the romanticism around the gems. Anglo is parting ways with De Beers for a reason and ...

GMT - Anglo American's hopes of finding a buyer for its De Beers diamond unit in the near term are slim, AJ Bell investment director Russ Mould writes. This is because the outlook for De Beers is so ...

The company, however, accrued $1. 3bn in cost savings and recorded an earnings before interest, tax, depreciation and ...

Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...

Global miner Anglo American achieved a strong operational and cost performance for the year ended December 31, with ...

Anglo American wrote down the value of its struggling De Beers diamond business by another $2.9B, after already writing down ...