Anglo American writes down De Beers value by another $2.9B but analysts see progress
Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) said Thursday it 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 ...
Hosted on MSN23d
Anglo American Posts $3 Billion Loss After Large De Beers Impairment
Anglo American posted a worse loss than expected as the miner booked $3.8 billion in net impairments, including $2.9 billion at its De Beers diamond business. The London-listed company reported a net ...