Professional Jeweller18h
De Beers’ diamond verification device lands in retail stores
DiamondProof rapidly and reliably distinguishes natural diamonds from non-natural diamonds, helping underpin consumer ...
Yahoo Finance20d
De Beers CEO Says US Diamond Demand Shows Signs of Recovery
(Bloomberg) -- De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become the second-biggest market. The industry has been ...
Mining4d
Anglo takes another De Beers writedown as diamond woes bite
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 ...
Daily Maverick5d
Anglo writes De Beers down by $2.9bn as it prepares to ditch diamond giant
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 ...
AOL5d
Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers
Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it ...
Wall Street Journal4d
Anglo American Writes Down De Beers Diamond Unit Value by $2.9 Billion
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 ...
Reuters5d
Anglo writes down De Beers, pressing on with business overhaul
LONDON, Feb 20 (Reuters) - Anglo American (AAL.L), opens new tab posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted ...