News

De Beers Group and Angola’s national diamond company Endiama have discovered kimberlite, the host rock for diamonds, in ...
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 has discovered a new kimberlite field in Angola, marking its first such find in three decades. The venture, a ...
De Beers and Endiama plan increased drilling, surveys and lab tests to assess diamond potential in Angola soon.
This marks the first such find for De Beers in more than 30 years and signals a potential boost for the country's diamond ...
A bigger stake in De Beers would fulfil Botswana’s dream of controlling the diamond industry from mine to market and the ...
De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, it said on ...
WHEN Gareth Penny ended his 22-year career at De Beers in 2010, the company was only just emerging from the tumult of the ...
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 on Wednesday said it expects to sell two-thirds fewer diamonds in the final sales cycles of 2023 than in the same period last year, as company CEO Al Cook said the gemstone seller’s ...
De Beers’s rival, Russian miner Alrosa PJSC, already canceled all its sales for two months, while the market in India — the dominant cutting and trading center — had halted imports.
The conglomerate that resulted, De Beers, controlled virtually all the diamonds in the world by the early 20 th century. The 'Great Pit' of the De Beers mines in Kimberley, South Africa, around 1900.