Anglo American reports 3.7 billion dollar loss following De Beers writedown
The miner reported a 3.7 billion dollar loss today after a massive writedown on its De Beers unit. The firm also slashed dividends amid its merger plans.
Insights:
Anglo American plc posted a $3.7 billion loss on Feb. 20, 2026, after taking a $2.3 billion pre-tax impairment mostly tied to its De Beers diamonds unit. The scale of the reported loss and the associated impairment charge have materially reduced the company's reported earnings for the period.
