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 ...

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

Anglo American reported revenue of USD27.29 billion in 2024, down 11% from USD30.65 billion. As a result, underlying earnings before interest, taxes, depreciation and amortisation fell 15% to USD8.46 ...

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

The mining giant blamed 'adverse macro-economic conditions and industry-specific challenges' for cutting De Beers' valuation ...

The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.

Troubled miner Anglo American on Thursday posted a full-year loss of $3.1bn after a large impairment related to its De Beers diamond operation as it continued restructuring plans to focus on copper ...

Analysis of Anglo American’s restructuring plan and a look at how the proposed Vat increase would impact South Africans.

Anglo American Platinum, commonly known as Amplats, has announced an additional cash dividend of R59 per share, amounting to ...

Looking ahead, revenue is expected to decline by 1.2% p.a. on average during the next 2 years, while revenues in the Metals ...