News

Wall Street Journal10y
For De Beers, There’s a Diamond in the Mining Waste
KIMBERLEY, South Africa—Every day De Beers sends trucks of waste rock through this celebrated mining town, part of its effort to squeeze the remaining diamonds out of the deposit that started ...
MarketWatch1y
Why De Beers is growing diamonds in a lab
A $200 diamond has a nice ring to it. De Beers rocked the gem industry by announcing that it will start selling synthetic diamond jewelry for the first time in its 130-year history this fall ...
Wall Street Journal13y
De Beers Warns on Diamond Demand
The world's largest diamond producer, De Beers, announced a rise in earnings last year, but warned that demand is on the slide. Is this a global slowdown or are consumers falling out of love with ...
Hosted on MSN5mon
De Beers builds up largest diamond stockpile since 2008 crisis as demand slumps, report says
De Beers has built up its largest stockpile of diamonds since the Great Financial ... as evident in US credit card data, he told the FT.
Forbes7y
De Beers Gives In And Begins Selling Lab Made Diamonds
De Beers is known for largely controlling the $80 billion diamond industry, creating artificial scarcity in diamonds to drive up prices and control the sense of a diamond's allure.In recent years ...
New York Post7y
De Beers is now growing gems in a lab
A $200 diamond has a nice ring to it. De Beers rocked the gem industry by announcing that it will start selling synthetic diamond jewelry for the first time in its 130-year history this fall and ...
Bloomberg L.P.7y
De Beers to Sell Diamonds Made in a Lab
De Beers, which almost single-handedly created the allure of diamonds as rare, expensive and the symbol of eternal love, now wants to sell you some party jewelry that is anything but. The company ...
Forbes3y
De Beers’ Lightbox Jewelry Is Expanding Its Lab-Grown Diamond Offerings In Time For Holidays
Back in 2018, De Beers turned a lot of heads when it announced the launch of its Lightbox lab-grown diamond brand. At the time, De Beers Group CEO Bruce Cleaver laid out the strategy to ...
Bloomberg L.P.1y
De Beers Cuts Diamond Prices to Revive Sales
De Beers made one of the steepest cuts to its diamond prices in years, as the world’s top producer tries to revive gem sales after the market ground to a halt. The industry almost came to a ...
MarketWatch6y
De Beers Diamond sales fall 25% in early 2019
Anglo American PLC (AAL.LN) said Tuesday that its majority owned De Beers Group sold 25% fewer rough diamonds in first sales cycle of the year, reflecting the slower movement of lower-value ...
Yahoo1y
De Beers’ Lightbox Stops Lab-grown Diamond Engagement Rings Test-run
PARIS — De Beers has called time out on its test-run of lab-grown diamond engagement rings, the company said Wednesday. Going forward, its lab-grown subsidiary Lightbox will continue to focus on ...