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De Beers Group, in partnership with business incubation company Raizcorp, have launched the third intake of the Enterprise ...
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Forget bling, De Beers has found a surprising use for lab-grown diamonds outside of luxury jewelry, and business is boomingDe 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 ...
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De Beers is sitting on a $2 billion pile of diamonds as demand slumps — ‘It’s been a bad year’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." ...
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 ...
Read: Crisis at De Beers Is a Warning for $80 Billion Diamond Market Anglo recently took a $2.9 billion impairment on the value of De Beers, after last year announcing a $1.6 billion writedown.
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