Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...
The Malian government’s overhaul of its extraction industry risks deterring companies from investing in the nation that’s home to the world’s second-largest gold mine, according to Anglo American Plc ...
Global miner Anglo American on Wednesday posted a 6% fall in copper production last year to 773,000 metric tons, and reduced ...
South African petrochemicals company Sasol, mining group Anglo American and its diamond business De Beers entered into a ...
The recent overhaul of the extraction industry by the Malian government could dissuade companies from investing in the ...
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
The London-based miner reported that copper production was down 14% for the fourth quarter of 2024 to 198,000 tonnes from 230,000 tonnes a year earlier, while output dropped 6.4% to 773,000 tonnes in ...
The industry has been hammered by a collapse in diamond demand from China and the increasing penetration of lab grown stones.
Under the terms of the transaction, Anglo American has received AUD1.4 billion in addition to the AUD228 million already received for its 33.3% stake in Jellinbah. Total cash proceeds amount to AUD1.6 ...
Over the past 12 months, Anglo’s London-listed shares have gained nearly 40%, while BHP’s have fallen by over 16%. At the time of BHP’s initial bid, Anglo was trading at about £21 ($26), and now, its ...
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