News

Jewellery Focus1d
De Beers rough diamond production falls 36% in Q2
De Beers Group has reported its rough diamond production in Q3 2025 decreased by 36% to 4.1 million carats, reflecting a ...
New York Post1y
De Beers slashes price of lab-grown diamonds by nearly 40%
De Beers slashed the price of its lab grown diamond brand, Lightbox, to $500 per carat from $800. Robert – stock.adobe.com For many years, De Beers had fought the trend towards LGDs, disparaging ...
Are Diamonds Even a Luxury Anymore? De Beers Reckons With Price Plunge
De Beers chief executive Al Cook wants to save a generation of lovers and newlyweds from what he calls a “huge con” when it comes to buying diamonds.In the process, he hopes to rescue his iconic brand ...
Reuters2y
De Beers delivers first production from $2.3 billion underground mine
De Beers, a unit of Anglo American Plc (AAL.L), stopped its 30-year open pit mining operations at Venetia in December 2022 to transition to the underground mining project it started developing ten ...
Wall Street Journal5mon
Anglo American Writes Down De Beers Diamond Unit Value by $2.9 Billion
Anglo American AAL 1.43% wrote down the value of its embattled De Beers diamond business by another $2.9 billion as it seeks to ready the division for disposal as part of the miner’s efforts to ...