Anglo American grapples with South African logistics challenges impacting Kumba Iron Ore, while De Beers faces financial setbacks due to weak diamond market conditions.

Amid ongoing challenging rough diamond trading conditions, De Beers has revised its production guidance for 2025 to between 20-million and 23-million carats, compared with previous guidance of between ...

Global miner Anglo American on Wednesday posted a 6% fall in copper production last year to 773,000 metric tons, and reduced ...

"Total copper production for 2024 was 772,700 tonnes, towards the top-end of our guidance range. Total production of 197,500 tonnes during the fourth quarter reflects the reconfiguration of the Los ...

The diamond industry is in the spotlight nowadays basically because of the environmental and ethical impacts. With increasing awareness about sustainability, consumers are more aware of how their ...

Since De Beers, the world’s leading diamond company, ingeniously announced that “diamonds are forever” in the 1940s, most engagement rings have included a diamond—and an expensive one at that. The ...

The London-listed miner said Thursday that the review would examine De Beers's value in light of continued subdued demand for diamonds as it seeks to exit the business. Last year, Anglo wrote down the ...

Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones continues to wane.