GlobalData on MSN7h
Anglo American anticipates impairment for De Beers amid weak diamond demandAnglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...
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 is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...
Anglo American is shedding De Beers and PGM businesses to focus on copper and iron ore, making it more attractive for a ...
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
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 ...
The London-listed miner announced Thursday that it will review De Beers’s value as it looks to exit the business, citing ...
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.
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results