Mining3h
Anglo American nears De Beers spinoff as Botswana weighs stake rise
Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...
De Beers IPO moves closer for Anglo American as Botswana eyes bigger stake
Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell De ...
Miningmx20h
De Beers slashes rough diamond output for 2025
DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 ...
Anglo American sees another De Beers impairment as diamond demand remains weak
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
Conoco Quarterly Net Income Fell, Expects 2025 -2-
The London-listed miner cut 2025 diamond production guidance as it looks to stabilize supply while clearing its large inventory, he says. De Beers cut prices by 10% to 15% in its last auction of 2024 ...
Mining21h
Anglo American expects to take another writedown on De Beers
Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...
Kumba’s Transnet woes and De Beers’ impairments weigh on Anglo American's performance
Anglo American grapples with South African logistics challenges impacting Kumba Iron Ore, while De Beers faces financial ...