Botswana, De Beers finalise 10-year diamond sales deal
Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
Anglo is considering either selling or listing De Beers, the carrying value of which is now about $4bn. That includes about ...
The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.
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-American first announced last year its decision to divest from De Beers, the diamond company that long dominated the ...
Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De ...
To arrest a slump in sales, De Beers, the world’s biggest diamond producer, in December cut diamond prices by 10 to 15 per ...
With research showing that almost half of consumers are unaware that laboratory-grown diamonds can be readily detected, this ...
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