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 ...
Future of five stock market giants worth staggering £400bn in doubt in latest blow to City of London
Fears are mounting that five of the 15 largest firms in the FTSE 100 could leave amid talk of defections to rival stock ...
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 ...
Anglo-American first announced last year its decision to divest from De Beers, the diamond company that long dominated the ...
LLOYDS BANKING GROUP has had to shift gears and put aside £1.2billion to cover potential claims from drivers for its part in ...
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.
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