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BHP Group has officially withdrawn from its renewed bid to acquire Anglo American — the parent company of De Beers — ending the latest chapter in...
Angola has intensified its pursuit of De Beers, shifting from its earlier interest in a minority stake to a proposal to buy Anglo American’s entire majority...
Anglo American is fast-tracking the sale of its crown jewel, De Beers, in an unusually streamlined process that skips the traditional two-round bidding. Instead, the mining...
Global miner Anglo American on Thursday reported a 13% fall in copper production in the first half of the year to 342,200 metric tons, and a 26%...
Anglo American has announced a streamlined executive leadership structure as it continues to sharpen its focus on core businesses, including copper, iron ore, crop nutrients—and diamonds...
Anglo American is reportedly exploring an Initial Public Offering (IPO) for its diamond mining subsidiary, De Beers, as a potential alternative to a direct sale. This...
Anglo American may opt to float De Beers rather than sell it, because of the ongoing weak demand for natural diamonds.A spokesman for De Beers said...
As part of its annual financial results, Anglo American wrote down De Beers’ book value by $1.6 billion, principally relating to goodwill (brand value). The diamond...
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