Anglo American, Business, Mining, South Africa Business | The Guardian
Sale of the miner, which is now valued at $4bn, may be delayed following ‘really, really difficult’ marketBusiness live – latest updatesThe world’s biggest diamond miner De Beers cost its parent company almost $3bn last year as the growth in lab-grown stones continues to take the shine off the industry.Anglo American was forced to write down the value of the renowned gem producer for a second consecutive year as its chief executive admitted that the diamond markets had proved “really, really difficult for the company”. Continue reading…
Sale of the miner, which is now valued at $4bn, may be delayed following ‘really, really difficult’ market
The world’s biggest diamond miner De Beers cost its parent company almost $3bn last year as the growth in lab-grown stones continues to take the shine off the industry.
Anglo American was forced to write down the value of the renowned gem producer for a second consecutive year as its chief executive admitted that the diamond markets had proved “really, really difficult for the company”.
