Tag: anglo
Anglo American writes down value of diamond firm De Beers by $2.9bn
Sale of the miner, which is now valued at $4bn, may be delayed following ‘really, really difficult’ market The world’s biggest diamond miner, De Beers, cost its parent company almost $3bn last year as the growth in lab-grown stones continues to take the shine off the industry. Anglo American was forced to write down the…