RELATIONSHIP ON THE ROCKS: Anglo writes De Beers down by $2.9bn as it prepares to ditch diamond giant
[Daily Maverick - Zambia] - 20/02/2025
The diamond sector faces an existential crisis from far cheaper lab-grown alternatives and the fading allure of the romanticism around the gems. Anglo is parting ways with De Beers for a reason and ending a relationship that its shareholders may have once thought would be forever.
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