Botswana’s state-owned Okavango Diamond Company (ODC) is set to initiate contracted gem sales in September, following a new ...

Botswana’s state-owned Okavango Diamond Company plans to start contracted gem sales in September, managing director Mmetla ...

The latest quarterly data reveals the severity of the crisis in the global diamond industry: De Beers (under Anglo American), ...

The global diamond industry is reeling from plunging revenues, halted operations, and doubts about its relevance.

India is central to De Beers’ global growth plans. The company is launching its retail brand Forevermark in Mumbai and Delhi, with plans to expand to over 100 stores. It is also increasing investment ...

The precious mineral is facing a baseline 10% import duty to the U.S. — a market accounting for over half of the global ...

LUCAPA Diamond’s current management has succumbed to years of poor diamond prices announcing on Friday administrators had ...

De Beers is collaborating with the Indian government to eliminate tariffs on diamonds entering the U.S. after being processed ...

De Beers, a leading diamond company, projects a significant rise in diamond jewellery consumption in India by 2030. With a ...

De Beers has been quietly selling rough diamonds at sharply marked-down prices to a small handful of customers, in a highly unusual move that’s fueling tensions across an industry already mired ...

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.” ...

De Beers Group is getting out of the business for lab-made diamond jewelry, shutting down its Lightbox brand and refocusing on naturally occurring gems after a steep decline in the price of ...