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Anglo American cut its interim dividend to 7 US cents from 42 US cents, owing to negative earnings from discontinued operations and lack of contribution from De Beers. Loss per share from total ...
Global miner Anglo American on Thursday reported a $1.9 billion loss in the first half, reduced its dividend, and said ...
The chief executive also said that efforts to sell the De Beers diamonds unit were “well under way”, despite recent controversial comments by the Botswana government that it could move to take over ...
The miner said it booked a net loss of $1.88 billion in the half-year, compared with a loss of $672 million a year ago.
Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) closed -3% in London trading on Thursday after cutting its dividend and saying it ...
ANGLO American said it was negotiating with the Botswana government to increase its 15% stake in De Beers ahead of selling ...
The commitment of Anglo American to exit the De Beers is unwavering, despite the belief of this secondary-listed Johannesburg Stock Exchange company that its iconic diamond mining and marketing ...
Anglo American wrote down the value of its struggling De Beers diamond business by another $2.9B, after already writing down the business by $1.6B to $7.6B last year.
Anglo American AAUKF plans to sell some of its legacy assets, notably its diamond business, De Beers, South Africa-based Anglo American Platinum, and steelmaking coal assets. The sale process is ...
Anglo American (LSE: AAL,OTCQX:AAUKF) announced plans to divest its De Beers diamond business as it moves to restructure in the face of a takeover bid from rival miner BHP (ASX: BHP,LSE:BHP,NYSE ...
IT would be a “mistake” for Anglo American to sell De Beers “at a deep discount in the midst of the diamond market lull”, a ...
Anglo American wrote down the value of its embattled De Beers diamond business by another $2.9 billion as it seeks to ready the division for disposal as part of the miner's efforts to simplify its ...
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