Anglo American has written down the value of its De Beers diamond business for the second ... “London’s been fine . . . It works for us . . . we can’t see a better jurisdiction ...

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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 ... there's a lot of pre-work for these things ...

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 ...

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 work to separate De Beers is well underway," said Anglo American chief executive Duncan Wanblad in an earnings statement. He added that it has reduced the valuation of De Beers by $2.9 ...

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 slashed its valuation of De Beers by $2.9billion as it seeks ... while the rapidly growing synthetic diamond industry makes light work of their mining competitors.' ...

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A $2.9BN write-down of De Beers took parent company Anglo American into a $3.1bn headline earnings loss for the 12 months ended December. Anglo CEO Duncan Wanblad said in a media call on Thursday that ...