The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
A key area where De Beers wants to make an impact is ensuring the authenticity of diamonds - a major concern among customers ...
A major challenge facing natural diamonds is the rapid growth of lab-grown alternative, which offer consumers a lower-cost ...
Diamonds, once the ultimate symbol of opulence and wealth, may be on their way out. With the prevalence of lab-grown alternatives and an overall decrease in demand, natural diamond companies are being ...
Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...
Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...
Jewellery giant Tanishq, from the house of Tata, will launch the Soulmates collection - a set of natural diamond engagement ...
Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones ...
The London-listed miner said Thursday that the review would examine De Beers’s value in light of continued subdued demand for diamonds as it seeks to exit the business. Last year, Anglo wrote ...
Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and ...
Since De Beers, the world’s leading diamond company, ingeniously announced that “diamonds are forever” in the 1940s, most engagement rings have included a diamond—and an expensive one at that.
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