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 ...

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 ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American has written down the value of its De Beers diamond business for the second time in two years ...

REVENUE FORECAST: The London-listed miner is expected to report $27.27 billion in full-year revenue compared with $30.65 billion for 2023. NET INCOME FORECAST: Analysts expect Anglo to swing to a loss ...

Anglo will divest from the diamond business at at a time when it faces a cyclical downturn and also fundamental shifts.

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 $ ...

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 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 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 ...