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 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 ...

De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, it said on ...

A bigger stake in De Beers would fulfil Botswana’s dream of controlling the diamond industry from mine to market and the ...

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’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.

De Beers rocked the gem industry by announcing that it will start selling synthetic diamond jewelry for the first time in its 130-year history this fall, and the lab-grown gems will run just $200 ...

De Beers is hoping to create big price gap with its new product, which will sell under the name Lightbox in the U.S. A 1-carat man-made diamond sells for about $4,000 and a similar natural diamond ...

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 ...