CAPITAL MARKETS

De Beers keeps Anglo American on even keel

DIAMONDS were Anglo American’s best friend in the half year to June 30, saving the big British/South African company from a profit slide.

Tim Treadgold
De Beers keeps Anglo American on even keel

Profits in the six months were unchanged at US$762 million, a significantly better performance than arch-rival Rio Tinto, and about 5% better than market expectations. Anglo American finance director...

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