London-listed miner Anglo American (AAUKF) (NGLOY) reported a $2.3 billion pre-tax impairment on its De Beers Group in its 2025 results on Friday, reflecting ongoing challenges in the diamond market.
Anglo American wrote down the value of its De Beers diamond business by $2.3 billion, the third cut in three years, as challenging market conditions complicate plans to dispose of the unit. The London ...
Anglo American (AAUKF) (NGLOY) likely will sell its De Beers diamond unit to a public-private consortium, including the governments of African countries where it mines its diamonds, CEO Duncan Wanblad ...
Anglo American selling De Beers amid diamond price crash Angola had initially submitted bid for majority stake Official says country wants common position with neighbours CAPE TOWN, Feb 8 (Reuters) - ...
Emmanuelle Nodale, head of the De Beers London retail operation, talks about building the brand “on design, icons and storytelling.” By Milena Lazazzera Despite falling revenue and uncertainty about ...
De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping demand, lab-grown stones and trade turmoil batter the global diamond market.
Botswana President Duma Boko reiterated a plan to take control of De Beers, rebuffing a warning from the International Monetary Fund that the diamond market’s prolonged slump makes it a risky ...
At the Bezos-Sánchez nuptials, Kim Kardashian — poured into a body-skimming, sparkling brown négligée-style gown — dazzled under the Venetian sun in more than 340 carats of diamonds from London-based ...
When Anglo American finally sells De Beers, the champagne will be on ice in at least two African capitals. In Gaborone and Luanda, the chance to take control of the world’s most famous diamond company ...
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Do you love Deftones? Commemorating Day of the Dead? What about cracking open a nice cold one with the boys? What a lucky duck you must be now, seeing as you can get their special “Dia de Los Deftones ...
Add Yahoo as a preferred source to see more of our stories on Google. LONDON — White diamonds aren’t the only rocks in town, according to De Beers Group, which on Friday will unveil a major campaign ...
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