The decline reflected significantly lower realised rough diamond prices, although underlying operating performance improved. higher production, increased sales volumes and aggressive cost-cutting helped offset weaker pricing.
Consortium Commits An Additional $500 Million Post-Acquisition Capital Injection and Enters Strategic Dialogues With The Government Of Botswana.
A Thoughtfully Curated Natural Diamond Bracelet Collection Celebrating Friendships That Thrive Through Individuality, Connection, and Timeless Bonds
Natural Diamond Bracelets Celebrate Friendship With Immersive In-Store Experiences Across 60 Stores In Nine Indian Cities.
The company reported a significant increase in production volume while maintaining its full-year production target of 21 to 26 million carats.
Botswana is expected to play a pivotal role in the transaction. The country, together with Namibia, Angola and other shareholders, already owns a 15% stake in...
The Decision Comes As The Natural Diamond Industry Continues To Face Significant Headwinds, Including Declining Consumer Demand, Competition From LGDs
Company outlines strategic cost optimisation, portfolio streamlining and operational changes to strengthen resilience while positioning for long-term growth in the natural diamond industry.
Cricketers are increasingly embracing natural diamonds as an extension of their personal style. From classic diamond studs and tennis necklaces to bespoke pendants and statement chains,...
De Beers Will Lower Official Book Prices To Match Current Market Levels
Culminates A Global De Beers X Sotheby’s Collaboration Series, Following Hong Kong and Geneva
Potential Buyers Are Understood To Include A Consortium Comprising African Governments and Private-Sector Investors
Natural Diamonds Are Emerging As the Ultimate Symbol Of Personal Style, Achievement, and Everyday Luxury For India’s Modern Male Consumer.
Eleven Percent Of Women Rank Them As Their Top Luxury Gift, Placing Them Ahead Of Synthetic Lab-Grown Diamonds (8%), Other Gemstones (5%), and Plain Gold Jewelry...
Despite Weaker Pricing, Rough Sales During The Quarter Lifted Revenue By Nearly 25% Year-On-Year To $648 Million
Anglo American Emphasized That The De Beers Carve-Out Remains A "Central Pillar" Of Its Transformation Plans
Brown and Yellow Diamonds Are Being Repositioned As Rare, Emotionally Resonant Alternatives To Traditional Colorless Stones
How Scarcity In Large Stones and Geopolitical Shifting Are Redefining Luxury Value
More than 20 clients dropped as the miner reshapes its rough-diamond distribution network
De Beers Group teams up with Abhishek Sharma to celebrate the authenticity, resilience, and enduring appeal of natural diamonds among India’s new generation.
The Fall Winter 2026 collection It’s Not About The Flower reinterprets the cultural symbolism of the garland on a global stage, presented by De Beers Group...
Around 5% of employees impacted as joint-venture partners review financial viability and future production plans.
Anglo American has written down the book value of De Beers for the third consecutive year, slashing it from $4.1bn to $2.3bn — a 44% reduction...
Immersive Installation Blends Natural-Coloured Diamonds with Lakshmi Madhavan’s Kasavu Art at India Art Fair 2026
The prospective sale of De Beers was clearly on the minds of attendees at this week’s Mining Indaba conference, with Anglo American CEO Duncan Wanblad calling...