Anglo American Posts $2.3B De Beers Impairment Amid Weak Diamond Market

Anglo American has reported a significant $2.3 billion impairment for its De Beers diamond unit, attributing the loss to a downturn in the global diamond market.

20 Feb, 08:43 — 20 Feb, 09:20

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Perspective Analysis

AI-generated comparison of how 2 sources cover this story

Both "independent" and "seeking-alpha" report on Anglo American's significant impairment of its De Beers diamond business, attributing it to a weak diamond market. While the core event is consistent, "independent" provides more specific financial details and frames the impairment using a different currency in its headline. The overall narrative is aligned, focusing on the financial struggles of the diamond sector.