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

Anglo American (LON: AAL) expects its De Beers diamond business to record another impairment this year amid declining sales. The London-listed miner said on Thursday that it will review De Beers ...

Amid ongoing challenging rough diamond trading conditions, De Beers has revised its production guidance for 2025 to between 20-million and 23-million carats, compared with previous guidance of between ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake ...

DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial year. The move recognises little chance of a major recovery in the ...

Anglo American expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload. The London-listed miner said Thursday that the ...

Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and complicate its plan to exit the business. The company is likely to book ...

The FTSE 100 group is planning to sell or spin off its iconic diamond unit De Beers as part of a major restructure, following rival BHP's ultimately unsuccessful takeover bid last year.

Beers that fall between 2% ABV and 5% ABV, generally considered the “low” alcohol share, make up less than half of the growth of “low-to-no” segment in the total U.S. beer market.

In 2019, he was working at the New York-based production company RadicalMedia, and Max was at an ad agency in Los Angeles ... a teammate named “Friday beers.” That phrase became a mantra ...