News and Announcements

Anglo American writes down De Beers by another $2.3bn

By Frank Prenesti

Date: Friday 20 Feb 2026

(Sharecast News) - Anglo American wrote down the value of its troubled De Beers unit by another $2.3bn, weighing on group annual earnings.
The mining giant is trying to sell the business amid weak demand from China and the growing market in synthetic diamonds. It reported impairments of $2.9bn and $1.6bn...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page