Anglo American writes down De Beers value by $2.9bn
Anglo is considering either selling or listing De Beers, the carrying value of which is now about $4bn. That includes about ...
Botswana, the country with the biggest diamonds, gets an improved 10-year deal with miner De Beers
The Botswana government signed a new diamond sales agreement crucial to its economy with the De Beers mining company on ...
Botswana signs long-delayed diamonds deal with De Beers
Botswana's government on Tuesday signed a long-delayed diamonds sales agreement with Anglo American unit De Beers.
Anglo writes down De Beers, pressing on with business overhaul
Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
Anglo American: Disposal Ongoing With More Value To Come
We believe Anglo American is expected to experience a valuation uplift as it transitions to a copper/iron ore player. Thus, our buy rating is confirmed. Looking at our past publication, Unappreciated ...
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Botswana and De Beers: Sealing the Diamond Deal
Botswana's government finalized a diamond sales agreement with De Beers, a subsidiary of Anglo American. Initial negotiations ...
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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 ...
Anglo American to Book Lower Earnings, With De Beers Impairment in Focus -- Earnings Preview
REVENUE FORECAST: The London-listed miner is expected to report $27.27 billion in full-year revenue compared with $30.65 billion for 2023. NET INCOME FORECAST: Analysts expect Anglo to swing to a loss ...
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Anglo American writes down De Beers on weak diamond market
Anglo-American first announced last year its decision to divest from De Beers, the diamond company that long dominated the ...
Anglo American's De Beers and Botswana extend long-term partnership
(Alliance News) - Anglo American PLC on Tuesday said De Beers Group has signed formal agreements with the government of Botswana, securing a long-term diamond partnership that extends both mining and ...
Botswana, De Beers Sign Long-Delayed Diamonds Deal
Under the final deal, the share of Botswana's state-owned Okavango Diamond Company (ODC) in the production of Debswana - its ...
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Anglo writes down De Beers, pressing on with business overhaul
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 ...