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 said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...
Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...
The London-listed miner announced Thursday that it will review De Beers’s value as it looks to exit the business, citing ...
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
Anglo American is conducting an “impairment review” of its De Beers business due to poor conditions in the diamond market and preparing to write down the unit’s value ahead of a planned demerger.
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GlobalData on MSNDe Beers secures new diamond deal with BotswanaDe Beers Group completed negotiations with Botswana to establish a new sales agreement for Debswana’s rough diamond ...
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 ...
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