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The commitment of Anglo American to exit the De Beers is unwavering, despite the belief of this secondary-listed Johannesburg Stock Exchange company that its iconic diamond mining and marketing ...
De Beers rough diamond sales declined by 40%, from $6 billion in 2022 to $3.6 billion in 2023, as competitive pressure from lower-cost lab-grown diamonds increased.
The latest international De Beers Consolidated Mines Ltd - DBRJ.J - DELISTED - merged with DB Investments SA news and views from Reuters - one of the world's largest news agencies ...
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 ...
It's all change at De Beers Jewellers, which has rebranded as De Beers London with a new campaign starring Adwoa Aboah and a focus on the company's roots in London and southern Africa.
De Beers Group, in partnership with business incubation company Raizcorp, has launched the third intake of the Enterprise Development Project for Diamond Beneficiators, aimed at supporting and ...
The Botswana government and De Beers said they had agreed on a 10-year sales deal for Debswana's rough diamond production through to 2033, and on a 25-year Debswana mining licence valid until 2054.
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.