17hon MSN
DeBeers is learning the hard way. Diamonds are not forever. The miner, owned by the multi-national, Anglo American, has been synonymous for decades with the $80 billion global diamond industry. But ...
There’s been a rapid rise in brides saying “yes” to the lab-grown diamond—here, one writer wades into the debate.
"Total copper production for 2024 was 772,700 tonnes, towards the top-end of our guidance range. Total production of 197,500 tonnes during the fourth quarter reflects the reconfiguration of the Los ...
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak ...
Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones continues to wane.
The London-listed miner said Thursday that the review would examine De Beers's value in light of continued subdued demand for diamonds as it seeks to exit the business. Last year, Anglo wrote down the ...
India has been emerging as a bright spot for the cut and polished diamonds amidst a slowdown in key markets such as the US ...
With declining demand in Asia and competition from lab-grown alternatives, the gemstone appears to have lost much of its luster.
Two people have died in an armed heist in which robbers stole diamonds from Namdia Desert Diamonds, a sales and marketing company the Namibian government owns. Intruders broke into the Namdia premises ...
The most obvious reason for the rise in popularity of lab-grown diamonds is cost. Depending on the size and cut of the stone, lab-grown diamonds are 70% to 90% cheaper than naturally grown diamonds.
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