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Insiders say Anglo American is hoping to get £4bn for De Beers, whose diamonds are worn by celebrities including Rita Ora (pictured).

Anglo said it would slash funding at the mine in North Yorkshire (pictured) in a bid to convince investors it was right to reject two bids from BHP.

Word is that much of Anglo's strategy was in place as part of a review before Mike Henry of BHP arrived on the scene with his twice-repelled deal.

Mining giant Anglo American PLC plans to break up its sprawling worldwide business — including spinning off the DeBeers diamond operation — as it seeks to fend off a takeover and focus on minerals that are expected to boom amid the global…

London-listed Anglo-American has unveiled a "clear, compelling, and decisive plan to unlock significant value from its portfolio." This strategy involves selling its platinum and diamond business units while concentrating on copper,…

Anglo American (OTCQX:AAUKF) plans to sell some of its legacy assets, notably its diamond business, De Beers, South Africa-based Anglo American Platinum, and steelmaking coal assets.

Rejig is more radical than anything Anglo has tried in recent past but Australian miner could make fresh bid

CEO Wanblad makes the case to shareholders and South Africa’s president

Restructuring will forever change 107-year-old miner as £34bn takeover battle looms

The FTSE 100 closed up 13.14 points at 8428.13. Among the companies with updates today are Anglo American, Currys, Greggs, Vodafone and Virgin Money.

UK mining company reveals breakup plan in bid to avoid takeover by Australia-based BHP

Anglo American’s plan to sell off assets and strengthen its balance sheet would likely make it an even more attractive acquisition.

Ditch copper to pay for digging holes in Yorkshire. Yes, really

LONDON (AP) — Mining giant Anglo American plc plans to break up its sprawling worldwide business — including the DeBeers diamond operation — as it seeks to fend off a takeover and focus on minerals that are expected to boom amid the global…

LONDON (AP) — Mining giant Anglo American PLC plans to break up its sprawling worldwide business — including spinning off…