The Botswana government has signed a new diamond sales agreement crucial to its economy with the De Beers mining company ...
Botswana's government on Tuesday signed a long-delayed 10-year diamonds sales agreement with Anglo American unit De Beers ...
The partnership secures long-term value from existing mines and expansions such as Jwaneng Cut-9 and Jwaneng Underground.
GABORONE - After eight years of negotiations, Botswana and De Beers Group finally signed the renewed diamond sales agreement ...
Anglo American Plc took another writedown on its struggling De Beers diamond unit, and posted a slide in profit, as the miner moves ahead with a radical overhaul of its business. Last year Anglo ...
Anglo American has slashed its valuation of De Beers by $2.9billion as it seeks to offload the iconic diamond brand amid lacklustre demand for the precious stones. The mining giant blamed ...
LONDON - Mining giant Anglo American announced Thursday a fresh write-down of De Beers as it seeks to offload the diamond group amid a wider industry downturn, notably due to weak Chinese demand.
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 ...
Anglo American 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 as part of the miner's efforts to simplify its ...
Anglo American AAL3.40%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 ...
The company said Thursday that its work to separate De Beers was well under way, but slashed the unit’s valuation again, having already written down the book value of the business by $1.6 ...