News

WHEN Gareth Penny ended his 22-year career at De Beers in 2010, the company was only just emerging from the tumult of the ...
This marks the first such find for De Beers in more than 30 years and signals a potential boost for the country's diamond ...
De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, it said on ...
The diamond-price crash caused by a flood of laboratory grown gems has hit the profit of industry leader De Beers and made it ...
De Beers and Endiama plan increased drilling, surveys and lab tests to assess diamond potential in Angola soon.
The country’s mining minister told the Financial Times last week that President Duma Boko was serious about turning Botswana’s 15 per cent stake in De Beers into “full control over this strategic ...
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 ...
De Beers is a bit late to the party, however, as jewelers such as the Diamond Foundry backed by Leonardo DiCaprio (who starred in 2006’s “Blood Diamond,” which highlighted the conflict ...
De Beers accounted for 15% of the trading volume of the Johannesburg stock exchange and 8.5% of the market's main index, the JSE All-Share.
De Beers pleaded guilty in a 10-year-old price-fixing case Tuesday and was fined $10 million fine as part of an agreement that would clear the way for the diamond giant to resume selling diamonds ...
De Beers had sales of $5.5 billion and earnings of $676 million in 2003. The company spends $180 million on advertising. The United States represents half of the worldwide diamond market.
De Beers Group and Angola’s national diamond company Endiama have discovered kimberlite, the host rock for diamonds, in ...