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 value of the renowned gem producer for a second consecutive year as its chief executive admitted the diamond markets had proved “really, really difficult for the company”.
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Source: https://www.theguardian.com/business/2025/feb/20/anglo-american-writes-down-diamond-de-beers-29bn
