Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...
NoLo alcohol is becoming popular and may help some higher risk drinkers quit booze, according to a new study. So what's ...
The launch of a pilot initiative to produce feedstock for renewable diesel in South Africa was announced on day two of the ...
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Mining Technology on MSNAnglo American anticipates impairment for De Beers amid weak diamond demandAnglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
The London-listed miner said on Thursday that it will review De Beers’ value as it looks to exit the business, citing persistently weak diamond demand. Last year, Anglo reduced De Beers’ book value by ...
Conoco Phillips said fourth-quarter net income declined alongside energy prices but the oil giant forecast production growth in 2025 while signaling a more aggressive dividend and share-buyback ...
Anglo American said it expects an impairment in De Beers' full-year results as lower diamond demand in China and diamond ...
The mining giant offered De Beers for sale last year as part of a sweeping overhaul launched in the wake of a takeover approach by BHP Group.
Amid ongoing challenging rough diamond trading conditions, De Beers has revised its production guidance for 2025 to between 20-million and 23-million carats, compared with previous guidance of between ...
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...
Strong performances by AstraZeneca and mining stocks today helped the FTSE 100 index set a new record above 8700.
Since De Beers, the world’s leading diamond company, ingeniously announced that “diamonds are forever” in the 1940s, most ...
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