Anglo Slashes De Beers’ Value from $4.1 bn to $2.3 bn
(IDEX Online) – Mining giant Anglo American has almost halved the book value of De Beers to $2.3bn, as the ailing diamond miner reported losses of $511m for 2025 (from $25m in 2024). Anglo blamed “ongoing challenging rough diamond trading conditions” as well as a lower average rough price index and stock rebalancing initiatives. It’s […]