Anglo American plc (“Anglo American”) announced in a statement on Thursday the signing of a memorandum of understanding (“MoU”) between its...
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The joint operation is projected to generate a minimum pre-tax net present value (NPV) uplift of $5 billion over the life of the agreement, which will be equally shared between both companies.
Anglo American plc (“Anglo American”) announced in a statement on Thursday the signing of a memorandum of understanding (“MoU”) between its...
Anglo American has reduced the value of its diamond subsidiary, De Beers, by $2.9 billion, marking the second consecutive year of such writedowns....
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Impairment is expected at De Beers this year as the diamond business continues to experience declining sales amid weak demand. As a result, the parent...