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 ...

The sharp decline in demand and polished-diamond prices, which began in late 2022 and intensified throughout 2023 and 2024, reflects a multidimensional dilemma: unprecedented ... polished prices (see ...

The problems arising from this lack of transparency include unreliable information provided to consumers (gem labs try to fill this gap with provenance determination), the dilemma ... making diamond ...

De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...

The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement following talks that had dragged on since 2019. Analysts say the diamond ...

De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...

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 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.