By Bloomberg Published May 15, 2024 The diamond industry has already been feeling the heat. Prices have slumped, Russian sanctions are threatening trade and the emergence of lab-grown gems is …
By Bloomberg Published Feb 9, 2024 Anglo American Plc said it could take an impairment on its De Beers diamond unit after the sector was hit by a collapse in …
By Bloomberg Published Feb 7, 2024 De Beers expects any recovery in the beleaguered diamond market to be slow and gradual as the industry continues to suffer from weak economic …
By Bloomberg Published Jan 15, 2024 De Beers made big cuts to its diamond prices as the world’s top producer tries to revive gem sales after the market ground to …
By Bloomberg Published Dec 18, 2023 The world’s two biggest diamond miners are selling stones again after the industry all but halted supplies in a desperate attempt to stop a …
The European Union Council has adopted a 12th package of sanctions against Russia, the European Commission said in a statement on Monday, after Austria gave its final approval over the …
By Bloomberg Published Nov 13, 2023 De Beers plans to stockpile unsold diamonds after the world’s biggest producer responded to plunging prices by allowing its buyers to refuse to purchase …
By Bloomberg Published Nov 13, 2023 When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they were presented with a rare offer …
By Bloomberg Published Nov 8, 2023 De Beers sold the least diamonds since halting sales altogether during the height of the global pandemic, as the industry struggles with weak demand …
By Reuters API Published Nov 3, 2023 Only a few weeks after Russia invaded Ukraine in February 2022, Antwerp-based diamond dealer Thierry Tugendhaft started receiving calls from big jewellers in …