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

The mining giant blamed 'adverse macro-economic conditions and industry-specific challenges' for cutting De Beers' valuation ...

Anglo American Plc took another writedown on its struggling De Beers diamond unit, and posted a slide in profit, as the miner moves ahead with a radical overhaul of its business. Last year Anglo ...

LONDON (Reuters) -Anglo American posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted assets. Anglo aims to focus on ...

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.

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 ...

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 ...