Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...
Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell De ...
DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 ...
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
The London-listed miner cut 2025 diamond production guidance as it looks to stabilize supply while clearing its large inventory, he says. De Beers cut prices by 10% to 15% in its last auction of 2024 ...
Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...
Anglo American said it expects an impairment in De Beers' full-year results as lower diamond demand in China and 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 ...
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...
Strong performances by AstraZeneca and mining stocks today helped the FTSE 100 index set a new record above 8700.
Since De Beers, the world’s leading diamond company, ingeniously announced that “diamonds are forever” in the 1940s, most ...