News

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.” ...
Diamond giant De Beers has drawn interest from at least six consortia, including billionaire Anil Agarwal, Indian diamond ...
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 ...
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 ...
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 ...
The world's dominant diamond company is changing its marketing strategy LONDON (CNNfn) - De Beers is to diamonds what McDonalds is to hamburgers. The company controls 60 percent of the world's $50 ...
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." ...
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 ...
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 ...
Anglo American Plc is about to begin a formal sales process for De Beers, after receiving indications of interest from ...
By Clara Denina LONDON (Reuters) -Diamond giant De Beers has drawn interest from at least six consortia, including ...