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 ...
Diamonds, once the ultimate symbol of opulence and wealth, may be on their way out. With the prevalence of lab-grown ...
A key area where De Beers wants to make an impact is ensuring the authenticity of diamonds - a major concern among customers ...
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
A major challenge facing natural diamonds is the rapid growth of lab-grown alternative, which offer consumers a lower-cost ...
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...
Since De Beers, the world’s leading diamond company, ingeniously announced that “diamonds are forever” in the 1940s, most ...
He said De Beers had held the market since the 1880’s by controlling diamond supply and inventory according to the demand at the time, but much later, the mining of diamonds in Canada ...
Three major African diamond-producing nations are mounting a strategic response to the growing synthetic diamond market, focusing on authenticity and socio-economic impact rather than traditional ...
The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.
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