The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.

Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...

Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond ...

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 ...

(Bloomberg) -- Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and complicate its plan to exit the business. The company is ...

Anglo American is shedding De Beers and PGM businesses to focus on copper and iron ore, making it more attractive for a ...

South African petrochemicals company Sasol, mining group Anglo American and its diamond business De Beers entered into a ...

De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...

Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...

The mining giant offered De Beers for sale last year as part of a sweeping overhaul launched in the wake of a takeover ...

Anglo American AAL1.36%increase; green up pointing triangle expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload.

Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This announcement comes as the company moves forward with plans to either ...