Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...

De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...

The industry has been hammered by a collapse in diamond demand from China and the increasing penetration of lab grown stones.

Anglo American said all divisions met their full-year production guidance, and it expects its De Beers diamond business to ...

(Bloomberg Opinion) -- A diamond is forever. But perhaps not for De Beers’ owner Anglo American Plc. Facing a $39 billion bid from mining giant BHP Group Ltd, the London-listed company is ...

Opinions expressed by Forbes Contributors are their own. Pam Danziger reports on retail, focused on the luxury consumer market. After years of disavowing the authenticity of man-made diamonds ...

De Beers, the South African mining giant which until recently held almost unrivaled influence over the global diamond trade, is reportedly sitting on $2 billion worth of unsold inventory ...

De Beers has accumulated the biggest stockpile of diamonds since 2008, the Financial Times reported. Weak demand and rising competition from lab-grown products are weighing on the diamond titan.

In 1947 a young copywriter by the name of Frances Gerety coined the tagline “A Diamond is Forever”, and De Beers created what ... of success and wealth, a vault to hold your emotional memories ...

(MENAFN- ForPressRelease) 7 January 2025, Mumbai, India: De Beers Group, the world's leading diamond company, and the Gem & Jewellery Export Promotion Council (GJEPC), India's apex jewellery trade ...

De Beers Group proudly supports the Hong Kong Fashion Designers Association (HKFDA) 40th Anniversary Gala Dinner and Fashion Visionaries Award 2024 by sponsoring ten pins, which can also be worn as ...

The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.