By Ryan Hogg
(fortune.com) - Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it’s trying to restructure.
Lucapa Diamond has sold two Type IIa Lulo diamonds for $3.5 million at a tender hosted by Sodiam E.P. in Angola.
Yesterday
ALROSA will soon hold its annual auction of investment-grade diamonds from its Diamond Exclusive collection, and the total value of the lots will exceed 1 billion rubles ($11.9 million).
Yesterday
Anglo American is considering additional job cuts at its corporate office as it continues to restructure its business by selling assets and hive-off its platinum unit.
Yesterday
Botswana Diamonds has expanded its country-wide artificial intelligence (AI) exploration programme in Botswana from diamonds to looking for hidden polymetallic deposits.
Yesterday
ALROSA may only ask Gokhran for help in purchasing rough diamonds "only in case of real need", the head of Yakutia Aisen Nikolaev told Interfax.
Yesterday
By Ryan Hogg
(fortune.com) - Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it’s trying to restructure.