News

Forbes7y
De Beers Gives In And Begins Selling Lab Made Diamonds
Forbes contributors publish independent expert analyses and insights. The allure, scarcity, and high cost of diamonds has largely been controlled by De Beers. Now, the company is doing something ...
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 ...
Daily Voice on MSN21d
De Beers To Close Lab-Grown Diamond Business Lightbox
De Beers Group is shutting down its company specializing in lab-grown diamonds as falling prices widen the gap with natural diamonds. The diamond company will close its brand called Lightbox, De Beers ...
New York Post1y
De Beers slashes price of lab-grown diamonds by nearly 40%
Diamond giant De Beers slashed the price of its lab-grown rocks by nearly 40%, citing their plummeting wholesale prices, the London-based company said Friday. The man-made gems, which have gained ...
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 ...
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.
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 ...
New York Post11mon
How the world’s two biggest diamond companies are plotting against the rise of lab-grown gems: ‘Buyer beware’
Look! – stock.adobe.com Meanwhile, De Beers — the world’s largest diamond producer — late last month unveiled a new diamond ‘verification’ machine that it’s selling to retailers as a ...
Reuters1y
De Beers agrees to give Botswana more rough diamonds in new sales pact
July 1 (Reuters) - Botswana and De Beers Group have agreed a new diamond sales deal in which the African country, the world's No. 1 diamond producer by value, gradually increases the share of ...
MarketWatch5y
De Beers diamond sales tumble
Anglo American PLC (AAL.LN) said Wednesday that its majority-owned De Beers Group has experienced a significant fall in rough diamond sales for the seventh sales cycle of the year, citing lower ...
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 ...
Reuters1y
De Beers pursues new diamond prospects and best practice in Angola
CAPE TOWN, Feb 6 (Reuters) - Anglo America (AAL.L), opens new tab unit De Beers has signed agreements with Angola on diamond processing and exploration prospects, CEO Al Cook said on Tuesday ...