Anglo American Nears $1B Exit from De Beers as Diamond Revenue Slumps

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‼️ 💎 Anglo American is reportedly in talks to sell its 85% stake in diamond miner De Beers for about $1 billion. Anglo currently has an 85% stake in De Beers, with the government of Botswana holding the remaining 15%. Anglo’s revenue from De Beers has fallen sharply from its 2022 peak of $6.2 billion to $3.5 billion in 2025
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