Anglo is considering either selling or listing De Beers, the carrying value of which is now about $4bn. That includes about ...
Anglo American wrote down the value of its struggling De Beers diamond business by another $2.9B, after already writing down ...
The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.
Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
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 ...
(Alliance News) - Anglo American PLC on Tuesday said De Beers Group has signed formal agreements with the government of Botswana, securing a long-term diamond partnership that extends both mining and ...
The diversified miner posted a worse loss than expected as it booked billions of dollars worth of impairments.
Anglo-American first announced last year its decision to divest from De Beers, the diamond company that long dominated the ...
REVENUE FORECAST: The London-listed miner is expected to report $27.27 billion in full-year revenue compared with $30.65 billion for 2023. NET INCOME FORECAST: Analysts expect Anglo to swing to a loss ...
The company said Thursday that its work to separate De Beers was well under way, but slashed the unit’s valuation again, having already written down the book value of the business by $1.6 ...
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