Diamond giant De Beers has seen its stockpile reach $2 billion, the biggest since the 2008 financial crisis, according to the Financial Times. "It’s been a bad year for rough diamond sales." ...

De Beers is synonymous with diamonds, having coined the phrase “diamonds are forever” back in 1947. However, the company’s own business in precious stones has been in jeopardy following ...

Their plan was to steal a De Beers diamond collection worth £350million, before making their getaway in a speed boat. If the heist hadn't been thwarted by the police, it would have been one of ...

But the market does have the potential to make a comeback. De Beers, one of the biggest players in the diamond market, is feeling burnt by the lowering price of diamonds. The company "amassed its ...

Anglo American Plc has begun initial talks with banks about listing its De Beers diamond unit, according to people familiar with the matter, as the company looks to move ahead with the final and ...

As global diamond sales continue to decline, Botswana and De Beers have announced a strategic marketing initiative aimed at reinvigorating consumer interest in natural diamonds. This move comes amid a ...

GABORONE, Botswana (AP) — The Botswana government signed a new diamond sales agreement crucial to its economy with the De Beers mining company on Tuesday after seven years of negotiations.

De Beers Group is targeting teenagers in India, especially girls in the age group of 16 and 18, to grow its natural diamond sales in the country which has emerged is the world’s second largest ...

Representatives of Botswana and De Beers Group attend a signing ceremony of a diamond sales agreement in Gaborone, Botswana, on Feb 25, 2025. [Photo/Xinhua] GABORONE - After eight years of ...

KUALA LUMPUR: Tomei Consolidated Bhd has announced that its licence agreement with De Beers Diamond Jewellers Ltd will end on Dec 10, 2023. In a statement, managing director Datuk Ng Yih Pyng said ...

GABORONE (Reuters) - Botswana's government on Tuesday signed a long-delayed 10-year diamonds sales agreement with Anglo American unit De Beers adding a possible extension period of five more years to ...