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 American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...
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 ...
Mining group BHP has announced the appointment of former RBS chief Ross McEwan as chair, following the retirement of ...
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 ...
Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones ...
A nine and four per cent increase of copper and iron ore respectively were among the highlights of Anglo American’s 2024 ...
Anglo American reported a mixed but “solid” production performance 2024 on Thursday, with notable declines in copper, ...
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...