A major challenge facing natural diamonds is the rapid growth of lab-grown alternative, which offer consumers a lower-cost ...
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This announcement comes as the company moves forward with plans to either ...
Anglo American (LON: AAL) expects its De Beers diamond business to record another impairment this year amid declining sales. The London-listed miner said on Thursday that it will review De Beers ...
Anglo American expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload. The London-listed miner said Thursday that the ...
Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake ...
With the prevalence of lab-grown alternatives and an overall decrease in demand, natural diamond companies are being forced ...
The FTSE 100 group is planning to sell or spin off its iconic diamond unit De Beers as part of a major restructure, following rival BHP's ultimately unsuccessful takeover bid last year.
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