Anglo American

China seeks copper supply pledges for Anglo Teck approval

China's antitrust regulator has asked Anglo American to commit to a steady flow of copper concentrate to the country before it approves the company's proposed US$54 billion merger with Canada's Teck Resources, Reuters reported Friday, citing three people aware of…

Anglo American in talks to sell De Beers for about $1B

Anglo American is in discussions to sell its De Beers diamond business for approximately $1 billion, according to Bloomberg, a price that underscores how far the world's largest diamond miner has fallen in value amid a prolonged industry crisis.

Anglo American picks Global Diamond Consortium to buy De Beers

Anglo American has chosen the Global Diamond Consortium as its preferred bidder for its 85% stake in De Beers, Botswana's Minister for State President, Defence and Security Moeti Mohwasa told parliament on Friday.

De Beers makes deepest diamond price cuts in years

De Beers made sweeping cuts to its official diamond prices on Monday, slashing rates across nearly all categories of stones in what amounts to a capitulation after years of holding prices well above market levels. The move came at the…