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Anglo American anticipates impairment for De Beers amid weak diamond demand
Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
De Beers CEO Says US Diamond Demand Shows Signs of Recovery
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 sees another De Beers impairment as diamond demand remains weak
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
Mint21d
De Beers Has the Diamond. Could It Find a Bride?
(Bloomberg Opinion) -- A diamond is forever. But perhaps not for De Beers’ owner Anglo American Plc. Facing a $39 billion bid from mining giant BHP Group Ltd, the London-listed company is ...
De Beers, Botswana finalise talks on diamonds deal
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
Botswana’s Leader Says Diamond Deal Reached With De Beers
Botswana’s president Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction ...
AOL1mon
De Beers builds up largest diamond stockpile since 2008 crisis as demand slumps, report says
De Beers has accumulated the biggest stockpile of diamonds since 2008, the Financial Times reported. Weak demand and rising competition from lab-grown products are weighing on the diamond titan.
Anglo American Warns of De Beers Impairment Amid Subdued Diamond Demand
The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
Mining11d
Botswana’s leader says diamond deal reached with De Beers
Botswana’s president Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction and sales agreement with De Beers that will bring certainty to the ...