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.

The partnership secures long-term value from existing mines and expansions such as Jwaneng Cut-9 and Jwaneng Underground.

The company said Thursday that its work to separate De Beers was well under way, but slashed the unit’s valuation again, having already written down the book value of the business by $1.6 ...

Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it ...

LONDON - The De Beers diamond jewelry brand is facing the future with a new name, a fresh focus and a campaign that aims to reflect its multicultural origins. The company, which launched in 2001 ...

De Beers chief executive Al Cook said under the new contract, the diamond company will invest an initial $75 million in a diamond for development program. Cook emphasized Botswana and De Beers ...

The diversified miner posted a worse loss than expected as it booked billions of dollars worth of impairments.

(IDEX Online) - Former De Beers CEO Bruce Cleaver says he was lucky to quit when he did. He left in February 2023, before the ...

GABORONE, Botswana (AP) — The Botswana government signed a new diamond sales agreement crucial to its economy with the De Beers mining company on Tuesday after seven years of negotiations.

Transformational agreements boost Botswana’s economic development potential and secure De Beers’ long-term share in world’s greatest diamond resources HONG KONG SAR - Newswire - 27 February 2025 - ...

This St Patrick’s Day, De Tap Room will celebrate its second anniversary with a special event featuring live music from Jake ...