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

Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...

Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones ...

De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...

Anglo American, the firm behind North Yorkshire’s Woodsmith mining project, has said that it expects earnings in its diamond ...

Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...

"Total copper production for 2024 was 772,700 tonnes, towards the top-end of our guidance range. Total production of 197,500 tonnes during the fourth quarter reflects the reconfiguration of the Los ...

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 ...

Anglo American has long been a leading player within the global mining market, with projects spanning its century of operations within some of the most valuable metal markets in the world including, ...

Anglo American reported a mixed but “solid” production performance 2024 on Thursday, with notable declines in copper, ...

Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...

The London-listed miner announced Thursday that it will review De Beers’s value as it looks to exit the business, citing ...