Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
All of Anglo American’s underground coal mines in the Bowen Basin are now operating simultaneously from remote operation ...
Anglo is also currently trialling remote-controlled stockpile dozers that reduce exposure to concealed stockpile voids at the ...
Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond ...
Anglo American chief executive Duncan Wanblad has warned US President Donald Trump’s wave of new tariffs will push up the cost of mining production for years. Wanblad’s remarks come as a worldwide ...
The London-listed miner said on Thursday that it will review De Beers’ value as it looks to exit the business, citing persistently weak diamond demand. Last year, Anglo reduced De Beers’ book value by ...
Three of South Africa's largest mining and energy companies have joined forces in a landmark agreement to produce up to 400 ...
Anglo American reported a mixed but “solid” production performance 2024 on Thursday, with notable declines in copper, ...
The Malian government’s overhaul of its extraction industry risks deterring companies from investing in the nation that’s home to the world’s second-largest gold mine, according to Anglo American Plc ...
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...