Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...

Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) said Thursday it wrote down the value of its struggling De Beers diamond business ...

The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.

Anglo American Plc took another writedown on its struggling De Beers diamond unit, and posted a slide in profit, as the miner ...

Anglo-American first announced last year its decision to divest from De Beers, the diamond company that long dominated the ...

The diamond sector faces an existential crisis from far cheaper lab-grown alternatives and the fading allure of the romanticism around the gems. Anglo is parting ways with De Beers for a reason and ...

Anglo is considering both selling and listing De Beers, the carrying value of which is now about $4bn. That includes about $2bn worth of stock, a similar amount to last year.

REVENUE FORECAST: The London-listed miner is expected to report $27.27 billion in full-year revenue compared with $30.65 billion for 2023. NET INCOME FORECAST: Analysts expect Anglo to swing to a loss ...

De Beers, worn by the likes of actress Lily James (pictured), would more likely be sold than listed, said Anglo American ...

Anglo American AAL4.41%increase; green up pointing triangle wrote down the value of its embattled De Beers diamond business by another $2.9 billion as it seeks to ready the division for disposal a ...

LONDON (Reuters) -Anglo American posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted assets. Anglo aims to focus on ...