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 ...
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 Writes Down De Beers Diamond Unit Value by $2.9 Billion
The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.
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 ...
Anglo American writes down De Beers value by another $2.9B but analysts see progress
Anglo American wrote down the value of its struggling De Beers diamond business by another $2.9B, after already writing down ...
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 ...
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 ...
Anglo American Sells Nickel Business for $500 Million
Anglo American has agreed to sell its nickel business to MMG Resources for up to $500 million, signaling a shift in the nickel market and Anglo American's strategic focus.
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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 ...
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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 AAL4.41%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 ...
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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 ...