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 is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...
Anglo American Platinum Ltd. said profit last year fell by as much as 52% after the price of palladium and rhodium slumped.
"Total copper production for 2024 was 772,700 tonnes, towards the top-end of our guidance range. Total production of 197,500 tonnes during the fourth quarter reflects the reconfiguration of the Los ...
The mining giant offered De Beers for sale last year as part of a sweeping overhaul launched in the wake of a takeover ...
Anglo American reports Q4 2024 results showing strategic shift to copper, iron ore, and crop nutrients, with $4.9B coal sale ...
Anglo American is conducting an “impairment review” of its De Beers business due to poor conditions in the diamond market and preparing to write down the unit’s value ahead of a planned demerger.
Anglo American is shedding De Beers and PGM businesses to focus on copper and iron ore, making it more attractive for a ...
Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones continues to wane.
Global miner Anglo American on Wednesday posted a 6% fall in copper production last year to 773,000 metric tons, and reduced ...
Diversified miner Anglo American's copper and iron-ore operations delivered a good performance for the fourth quarter of 2024 ...