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Anglo American anticipates impairment for De Beers amid weak diamond demand
Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Anglo American sees another De Beers impairment as diamond demand remains weak
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
Kumba’s Transnet woes and De Beers’ impairments weigh on Anglo American's performance
Anglo American grapples with South African logistics challenges impacting Kumba Iron Ore, while De Beers faces financial ...
The Mining Journal1d
Anglo expects De Beers impairment as demand falls
Anglo American said it expects an impairment in De Beers' full-year results as lower diamond demand in China and diamond ...
Mining Weekly1d
De Beers cuts its 2025 output guidance by 10Mct as trading conditions remain challenging
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 ...
DeBeers Slashes Production Guidance As Anglo American Considers Another Goodwill Impairment
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...
InvestmentNews3d
Wealthy Americans are buying more diamonds at last
The industry has been hammered by a collapse in diamond demand from China and the increasing penetration of lab grown stones.