Dossier
Anglo American Plc
Coverage of Anglo American Plc in the Nexus archive.
- De Beers halts S. Africa mine output
De Beers has halted production at South Africa’s Venetia mine, its largest diamond mine, due to declining gemstone prices caused by slowing demand and competition from lab-grown stones. The mine produces 40% of South Africa’s diamonds, and real diamond prices have fallen 50% since 2022, prompting De Beers’ parent company, Anglo American, to consider selling the business.
- Anglo Advances Coal Business Sale After Setback With Peabody
Anglo American Plc is advancing the sale of its coal business following a setback with Peabody. The company's Moranbah North coal mine in Queensland, Australia, is a key asset in this effort.