BHP Walks Away from Last-Ditch Bid for Anglo American
Mining giant BHP has walked away from a last-ditch attempt takeover bid for Anglo American, parent company[…]
Anglo American writes down value of diamond firm De Beers by $2.9bn
The world’s biggest diamond miner, De Beers, cost its parent company almost $3bn last year as the[…]
Anglo American to review De Beers value amid weak diamond demand
Anglo American expects its De Beers diamond business to record an impairment amid declining diamond sales.
New BHP/Anglo Bid “Almost Oven-Ready”
A renewed takeover bid of Anglo American by rival miner BHP is “almost oven-ready,” according to City[…]
De Beers cut diamond production
In a significant move, the world’s largest diamond mining company by value has announced further production cuts,[…]
Diamond Leader De Beers Will Be Sold If BHP Acquires Anglo American
BHP’s share-swap take over bid for arch-rival Anglo American to create a $185 billion mining giant will[…]
Anglo reports latest De Beers’ rough diamond sales value
Anglo American has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De[…]
Anglo American to Cut De Beers’ Overheads by $100M
Anglo American will slash De Beers’ budgets in response to the diamond-market downturn, the parent company said
Debswana posts 37.5% jump in 9-month diamond sales
Rough diamonds sales by Debswana Diamond Company jumped 37.5% in the first nine months of 2022, statistics[…]
De Beers banks on ‘diamonds are for me’
Anglo American unit De Beers said its 2019 marketing budget will exceed last year’s figure of $170[…]