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

Anglo sees a marginal 2024 loss for the diamond business ... but slumping sales at De Beers are creating a dilemma for Anglo’s management. Chief Executive Officer Duncan Wanblad said earlier ...

Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...

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

Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This announcement comes as the company moves forward with plans to either ...

Anglo American (LON: AAL) expects its De Beers diamond business to record another impairment this year amid declining sales. The London-listed miner said on Thursday that it will review De Beers ...

Anglo (OTCQX:AAUKF) (OTCQX:NGLOY) said it expects its De Beers diamond business to book an impairment, as the company reviews the diamond unit's value in light of continued subdued demand for ...

Anglo American expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload. The London-listed miner said Thursday that the ...

Amid ongoing challenging rough diamond trading conditions, De Beers has revised its production guidance for 2025 to between 20-million and 23-million carats, compared with previous guidance of between ...

Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake ...