De Beers’ parent company, Anglo American, has reduced the value of the miner on its books by $1.6 billion. The reason: a more cautious outlook on diamond demand. Plus: What happened to De Beers’ inventories during 2023? Rapaport Senior Analyst Joshua Freedman reports.
Anglo American Lowers De Beers’ Value
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De Beers’ parent company, Anglo American, has reduced the value of the miner on its books by $1.6 billion. The reason: a more cautious outlook on diamond demand. Plus: What happened to De Beers’ inventories during 2023? Rapaport Senior Analyst Joshua Freedman reports.
Anglo American Lowers De Beers’ Value
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