By Clara Denina LONDON, Feb 20 (Reuters) - Anglo American posted a $3.7 billion loss on Friday after taking another writedown ...
Soft economic growth in China, and the rise of cheaper lab-made diamonds has taken the shine off the storied unit.
Charge of $2.3bn is FTSE 100 miner’s third writedown of diamonds business in three years amid prolonged market slump ...
Duncan Wanblad, CEO of Anglo American ( AAUKF ), says the fundamentals for copper ( HG1:COM) look “extremely good” as the company positions itself to capitalize on growing demand driven by artificial ...
Global diversified miner Anglo American is starting to see underlying earnings before interest, taxes, depreciation and ...
Anglo American plc took yet another writedown on its struggling De Beers unit and reported steady profits as its diamond operations continued to weigh on earnings.
Anglo American slashes De Beers' value by $2.3B amid a diamond market slump, leading to a $3.7B annual loss. With lab-grown diamonds rising and US tariffs disrupting trade, is the sparkle of natural ...
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF, FRA:A4A) has guided to a sharp ramp-up in 2026 that would see copper become the ...
ANGLO American said on Thursday it was considering yet another impairment of its diamond business De Beers – its third in the ...
The diamond industry is mired in one of its worst ever crises, while Anglo’s two flagship coal mines have both been halted ...
Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer "significantly undervalues" the company and its future prospects. Australia-based BHP on Thursday ...
Anglo American has warned it may write down the value of its De Beers diamonds business for the third time in three years as ...