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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 ...
The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...
Miner Anglo American's diamond unit De Beers said on Monday it had finalised negotiations with the Botswana government for a ...
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...
The London-listed miner announced Thursday that it will review De Beers’s value as it looks to exit the business, citing ...
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GlobalData on MSNDe Beers secures new diamond deal with Botswana"De Beers secures new diamond deal with Botswana" was originally created and published by Mining Technology, a GlobalData ...
In brief remarks this week, De Beers CEO, Al Cook, credited President Duma Boko’s government with sealing the long-running ...
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