De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...
The industry has been hammered by a collapse in diamond demand from China and the increasing penetration of lab grown stones.
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for ...
De Beers has built up its ... stones to alleviate the issue. Lab-grown diamonds are also adding pressure. While looking virtually identical, man-made stones cost a fraction of naturally mined ...
Diamonds grown in the lab are shining brighter than natural stones ... This downturn spurred diamond giant De Beers, owned by Anglo American (LSE: AAL), to cut its rough stone prices by 10% ...
In January, De Beers made one of the steepest cuts to its ... That brings us to another threat: lab-grown diamonds. The euphoria over synthetic stones may be waning slightly, and De Beers does ...
Botswana’s President Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction ...
The government of Botswana and De Beers reaffirm their commitment to their enduring partnership, which has lasted over 50 ...