Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...

Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell De ...

Anglo American is conducting an “impairment review” of its De Beers business due to poor conditions in the diamond market and preparing to write down the unit’s value ahead of a planned demerger.

Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...

De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...

Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...

Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...

Government and De Beers have finalised their long-drawn-out talks for a new sales agreement and are due to formally sign the ...

The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.

The London-listed miner announced Thursday that it will review De Beers’s value as it looks to exit the business, citing ...