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 ...
DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 ...
The London-listed miner announced Thursday that it will review De Beers’s value as it looks to exit the business, citing ...
How Instagram meme page Friday Beers transformed into the digital media empire Almost Friday, built a studio and became the ...
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 ...
That came after U.S. Treasury Secretary Scott Bessent reiterated the existing long-term debt sale plan and said the Trump administration is minded to inject downward pressure on the 10-year Treasury ...
Strong performances by AstraZeneca and mining stocks today helped the FTSE 100 index set a new record above 8700.
Since De Beers, the world’s leading diamond company, ingeniously announced that “diamonds are forever” in the 1940s, most ...
The London-listed miner said Thursday that the review would examine De Beers's value in light of continued subdued demand for diamonds as it seeks to exit the business. Last year, Anglo wrote down 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.
Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones continues to wane.