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." ...

Anglo American Plc has begun initial talks with banks about listing its De Beers diamond unit, according to people familiar ...

De Beers is synonymous with diamonds, having coined the phrase “diamonds are forever” back in 1947. However, the company’s own business in precious stones has been in jeopardy following ...

Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it ...

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, one of the world’s leading diamond brands, expects retail diamond prices to remain firm amid strong demand. It anticipates the domestic diamond market to rise from $8.5 billion to $18 ...

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 ...

GABORONE, Botswana (AP) — The Botswana government signed a new diamond sales agreement crucial to its economy with the De Beers mining company on Tuesday after seven years of negotiations.

Representatives of Botswana and De Beers Group attend a signing ceremony of a diamond sales agreement in Gaborone, Botswana, on Feb 25, 2025. [Photo/Xinhua] GABORONE - After eight years of ...

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 ...