Anglo American writes down De Beers value by another $2.9B but analysts see progress
Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) said Thursday it wrote down the value of its struggling De Beers diamond business by another $2.9B, after already writing down the business by $1.6B to $7.6B ...
The Wall Street Journal on MSN18d
Anglo American Posts $3 Billion Loss After Large De Beers Impairment
The diversified miner posted a worse loss than expected as it booked billions of dollars worth of impairments.
Wall Street Journal18d
Anglo American Writes Down De Beers Diamond Unit Value by $2.9 Billion
Anglo American AAL-3.29%decrease; red down 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 ...
Anglo writes down De Beers, pressing on with business overhaul
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.
Daily Maverick on MSN9h
Research at risk as De Beers plans sale of critical Northern Cape reserves, say experts
Conservationists and scientists are concerned that irreplaceable research will be lost.Decades of groundbreaking research ...
Botswana, the country with the biggest diamonds, gets an improved 10-year deal with miner De Beers
The Botswana government has signed a new diamond sales agreement crucial to its economy with the De Beers mining company ...
Anglo American: Disposal Ongoing With More Value To Come
We believe Anglo American is expected to experience a valuation uplift as it transitions to a copper/iron ore player. Thus, our buy rating is confirmed. Looking at our past publication, Unappreciated ...
Botswana, De Beers Sign Long-Delayed Diamonds Deal
Under the final deal, the share of Botswana's state-owned Okavango Diamond Company (ODC) in the production of Debswana - its ...
MINING.COM13d
Botswana, De Beers sign overdue diamond deal
As part of the deal, Botswana's share of diamonds from Debswana, a joint venture with De Beers, will rise from 25% to 50%.
Devdiscourse13d
Botswana and De Beers: Sealing the Diamond Deal
Botswana's government finalized a diamond sales agreement with De Beers, a subsidiary of Anglo American. Initial negotiations ...
Yahoo Finance19d
Anglo writes down De Beers, pressing on with business overhaul
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 ...