Anglo American plans fresh job cuts

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 ...
Anglo American posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted assets.
The deal gives the government an increasing share of diamond sales through the Debswana company — its joint venture with De Beers, a subsidiary of Anglo American. But a decline in the price and ...
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 ...