Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell De ...
DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 ...
The London-listed miner announced Thursday that it will review De Beers’s value as it looks to exit the business, citing ...
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
Conoco Phillips said fourth-quarter net income declined alongside energy prices but the oil giant forecast production growth in 2025 while signaling a more aggressive dividend and share-buyback ...
The London-listed miner cut 2025 diamond production guidance as it looks to stabilize supply while clearing its large inventory, he says. De Beers cut prices by 10% to 15% in its last auction of 2024 ...
Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...
With China's luxury sector facing a downturn, India emerges as the second-largest market for diamonds globally, driven by ...
Anglo American grapples with South African logistics challenges impacting Kumba Iron Ore, while De Beers faces financial ...
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