The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.

DiamondProof rapidly and reliably distinguishes natural diamonds from non-natural diamonds, helping underpin consumer ...

De Beers is the company behind the slogan “A diamond is forever” and the idea that a suitor should spend two months of their salary (two months!) on an engagement ring. The high prices diamonds have ...

Anglo American has taken a $2.9-billion impairment on De Beers as it prepares to either sell or list the struggling diamond giant in a restructuring pivot to focus on copper, premium iron ore and ...

The price of a ring-size single-carat stone has fallen by 37 per cent. To survive, luxury jewellers will have to persuade ...

Anglo American has slashed its valuation of De Beers by $2.9billion ... with demand for copper near all-time highs and expected to rise, while the rapidly growing synthetic diamond industry ...

LONDON - Mining giant Anglo American announced Thursday a fresh write-down of De Beers as it seeks to offload the diamond group amid a wider industry downturn, notably due to weak Chinese demand.

Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest headache for Russia.

Anglo American AAL3.40%increase; green up pointing triangle wrote down the value of its embattled De Beers diamond business by another $2.9 billion as it seeks to ready the division for disposal a ...