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De Beers the thorn in Anglo's side

The ongoing diamond market slump saw De Beers post a 55% reduction in underlying EBITDA for 2019 – one of the few negatives in an otherwise decent year for parent company Anglo American.

Tom Hoskyns
Anglo American's diverse commodity portfolio is reaping rewards

Anglo American's diverse commodity portfolio is reaping rewards

Total revenue for the diamond company fell by 24% year on year to US$4.6 billion, as rough diamond sales slid by 26% to $4 billion. Anglo said in its 2019 results presentation on Thursday that data...

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