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." ...

De Beers, the world's biggest diamond company, announced at the end of May that it will start selling synthetic diamonds as jewellery for the first time. Such diamonds are chemically identical to ...

Their plan was to steal a De Beers diamond collection worth £350million, before making their getaway in a speed boat. If the heist hadn't been thwarted by the police, it would have been one of ...

De Beers group has progressively become a drag. The price of rough diamonds has been falling amid weakening demand post-COVID-19 and a surge in popularity for lab-grown rocks among younger ...

De Beers largest diamond stockpile since 2008 shows challenges from weak Chinese demand and growing lab-grown diamond competition. The company is cutting supply and ramping up marketing ahead of a ...

As global diamond sales continue to decline, Botswana and De Beers have announced a strategic marketing initiative aimed at reinvigorating consumer interest in natural diamonds. This move comes amid a ...

De Beers Group is targeting teenagers in India, especially girls in the age group of 16 and 18, to grow its natural diamond sales in the country which has emerged is the world’s second largest ...

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 ...

GABORONE (Reuters) - Botswana's government on Tuesday signed a long-delayed 10-year diamonds sales agreement with Anglo American unit De Beers adding a possible extension period of five more years to ...