DiamondProof rapidly and reliably distinguishes natural diamonds from non-natural diamonds, helping underpin consumer ...
The company said Thursday that its work to separate De Beers was well under way, but slashed the unit’s valuation again, having already written down the book value of the business by $1.6 ...
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’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 ...
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 ...
(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 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American has written down the value of its De Beers diamond business for the second time in two years ...
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 ...
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 ...
Anglo American 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 as part of the miner's efforts to simplify its ...
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