Anglo American has reduced the value of its diamond subsidiary, De Beers, by $2.9 billion, marking the second consecutive year of such writedowns. This adjustment reflects ongoing challenges in the ...

A $2.9BN write-down of De Beers took parent company Anglo American into a $3.1bn headline earnings loss for the 12 months ...

Despite a challenging market environment, Anglo American PLC (AAUKF) showcases strong financial discipline, strategic asset ...

The launch of a pilot initiative to produce feedstock for renewable diesel in South Africa was announced on day two of the ...

Anglo American reported a $3.1billion loss on Thursday, after writing down its De Beers business. The company is continuing to shed unwanted assets.

Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...

Anglo American (LON:AAL) and Chilean state-owned miner Codelco have reached an agreement to jointly develop their adjacent ...

Shares were down 45.05 pence, or 34%, at 85.95 pence in early afternoon European trading, having hit a low of 68.05 pence earlier in the session and marking their lowest level since January 2017.

Global miner Anglo American achieved a strong operational and cost performance for the year ended December 31, with $1.3-billion of costs removed on a run rate basis and a further $500-million to come ...

Anglo American PLC has announced a new US$2.9 billion write-down for its De Beers diamond arm, as it continues to search for a buyer for the unit, as the pivot ...

Anglo American wrote down the value of its struggling De Beers diamond business by another $2.9B, after already writing down ...