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.

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

DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial year. The move recognises little chance of a major recovery in the ...

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

The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement following talks that had dragged on since 2019. Analysts say the diamond ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake ...

CAPE TOWN, Feb 3 (Reuters) - De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for its joint venture there to 2054 ...

(Bloomberg) -- De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become the second-biggest market. The industry has been ...

Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This announcement comes as the company moves forward with plans to either ...

Anglo American (LON: AAL) expects its De Beers diamond business to record another impairment this year amid declining sales. The London-listed miner said on Thursday that it will review De Beers ...