Anglo writes down De Beers, pressing on with business overhaul
Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers
Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De ...
Anglo American writes down De Beers value by another $2.9B but analysts see progress
Anglo American wrote down the value of its struggling De Beers diamond business by another $2.9B, after already writing down ...
Anglo American Writes Down De Beers Diamond Unit Value by $2.9 Billion
The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.
EXCLUSIVE: Adwoa Aboah Stars in De Beers Jewelry Campaign as Company Rebrands, Readies Paris Flagship
It's all change at De Beers Jewellers, which has rebranded as De Beers London with a new campaign starring Adwoa Aboah and a ...
Anglo Takes Another De Beers Writedown as Diamond Woes Bite
Anglo American Plc took another writedown on its struggling De Beers diamond unit, and posted a slide in profit, as the miner ...
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Anglo American writes down De Beers on weak diamond market
Anglo-American first announced last year its decision to divest from De Beers, the diamond company that long dominated the ...
De Beers valuation slashed by $2.9BN on weak diamond demand
The mining giant blamed 'adverse macro-economic conditions and industry-specific challenges' for cutting De Beers' valuation ...
Anglo American dents hopes of listing diamond company De Beers on the London stock market
De Beers, worn by the likes of actress Lily James (pictured), would more likely be sold than listed, said Anglo American ...
Anglo American writes down De Beers value by $2.9bn
Anglo American has written down the value of its De Beers diamond business for the second time in two years. The London-listed miner said on Thursday it had booked an impairment charge of $2.9bn on ...
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Promising renewable diesel pilot production plan announced by powerful partnership
The launch of a pilot initiative to produce feedstock for renewable diesel in South Africa was announced on day two of the ...
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Anglo American takes another De Beers writedown, profit slides
Anglo American Plc took another writedown on its struggling De Beers diamond unit, and posted a slide in profit, as the miner ...