Anglo American plc took yet another writedown on its struggling De Beers unit and reported steady profits as its diamond operations continued to weigh on earnings.

The diamond industry is mired in one of its worst ever crises, while Anglo’s two flagship coal mines have both been halted due to fires.

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Ashlyn is one of Forbes Home's in-house writers and a former civil engineer-turned content writer with over six years experience. Until recently, Ashlyn focused on creating content for Forbes Home as ...