Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers
Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as[…]
40% harder Than natural diamonds: Chinese scientists synthesize ‘super diamond’
Chinese scientists synthesized an artificial "super diamond" that is 40% harder and far more durable than natural[…]
Smithsonian Acquires One of the World’s Largest “Fancy Red” Diamonds
Winston Red Diamond Will Be Unveiled to the Public at the National Museum of Natural History Alongside[…]
Duffy resigns as Petra CEO, interim revenue knocked by market weakness
Independent mining group Petra Diamonds, which owns and operates diamond mines in South Africa
Botswana’s central bank left its main lending rate
The Bank of Botswana held its Monetary Policy Rate at 1.90% for the second policy meeting in[…]
Average US Engagement Ring Costs $6,750
And the average size of the stone was 1.07 carats, according to a new report by the[…]
Kimberley Diamonds closes its last mine
Controversial Australia-based miner Kimberley Diamonds has put its last remaining diamond mine into administration after it failed[…]
De Beers taps into polished diamonds market with first-time auction
Anglo American’s De Beers, the world’s largest rough diamond producer by value, has decided to begin selling[…]
De Beers Profit Jumps as Diamond Market Stabilises
Profit more than doubled for De Beers last year as trading conditions in the diamond-manufacturing sector improved[…]