LONDON, Feb 20 (Reuters) - Anglo American posted a $3.7 billion loss on Friday after taking another writedown on its diamonds business, as the miner pushes ahead with plans to shed non-core assets and
De Beers Writedown Drives Anglo American to $3.7 Billion Loss
Net Loss and Writedown
Earnings and Impairment Overview
LONDON, Feb 20 (Reuters) - Anglo American posted a $3.7 billion loss on Friday after taking another writedown on its diamonds business, as the miner pushes ahead with plans to shed non-core assets and complete its merger with Teck Resources.
De Beers Unit Impact
Impairment and Dividend Details
The company booked a $2.3 billion pre-tax impairment, mostly tied to its De Beers unit, and declared a dividend of 0.23 cents per share, or about $200 million. That was down from $0.64 a share, or $800 million, a year earlier.
Reporting and Editing Credits
(Reporting by Clara Denina. Editing by Mark Potter)
