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Maroc Maroc - MININGMX.COM - A La Une - 20/Feb 08:57

Hefty De Beers write-down takes Anglo into headline loss

A $2.9BN write-down of De Beers took parent company Anglo American into a $3.1bn headline earnings loss for the 12 months ended December. Anglo CEO Duncan Wanblad said in a media call on Thursday that the 85%-owned diamond company was now carried on Anglo’s books at $4bn post the impairment. He added that De Beers […]

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