Anglo writes down De Beers, pressing on with business overhaul
LONDON (Reuters) -Anglo American posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, ...
Anglo American writes down De Beers value by $2.9bn
Anglo is considering either selling or listing De Beers, the carrying value of which is now about $4bn. That includes about ...
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.
FTSE 100 Live 20 February: Centrica and Lloyds shares rally on results, miner cuts De Beers value
Annual results today fuelled strong share price performances by widely-held Centrica and Lloyds Banking Group. The British ...
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 value of De Beers by $2.9bn
Anglo American has written down the value of its De Beers diamond business for the second time in two years. The ...
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 ...
Céline Assimon Steps Down as CEO of De Beers’ Diamond Jewelry Business
Assimon, who joined De Beers in 2020 and served for three years as CEO of Forevermark, helped to sharpen the De Beers image ...
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 ...
Mining3d
Anglo takes another De Beers writedown as diamond woes bite
De Beers has dramatically cut production to try and limit a supply glut, but so far prices have remained subdued.
De Beers, Botswana finalise talks on diamonds deal
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for its joint venture there to 2054, the Anglo American unit said on Monday.