News

The industry is accused of exploiting South Africa's natural wealth and resisting moves toward addressing the legacy of apartheid ... system, De Beers' distribution arm, the Diamond Trading ...
With South Africa's apartheid regime nearing its end ... Lately, the hot-button political issue has been conflict diamonds. De Beers insists it has been vigilant about not selling such diamonds ...
During the apartheid era, the convoluted structure ... guaranteeing the integrity of De Beers' diamonds. The second is the De Beers name itself. On Jan. 16 the company announced it had formed ...
Diamond mining giant De Beers Group has announced plans to discontinue its lab-grown diamond (LGDs) jewellery brand Lightbox and focus on natural diamonds in the jewellery sector. Discussions ...
De Beers is saying goodbye. The company announced that it is officially closing its lab-grown diamond jewelry business, known as Lightbox, in a move that confirms its allegiance to traditional ...
De Beers plans to stockpile unsold diamonds after the world’s biggest producer responded to plunging prices by allowing its buyers to refuse to purchase all the stones they’re contracted to buy.
De Beers Group said Thursday that it plans to close Lightbox, its lab-grown diamond jewelry brand, saying that the closure reinforces its “commitment to natural diamonds in the jewelry sector.” ...
The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement following talks that had dragged on since 2019. Analysts say the diamond ...
De Beers sold the least diamonds since halting sales altogether during the height of the global pandemic, as the industry struggles with weak demand and too much stock. De Beers sold just $80 ...
Though the diamond miner had the technology to make synthetic stones for decades, De Beers only used those gems for industrial purposes, Reuters reported. The brand changed its tune in September ...