De Beers Boss Says Trump’s Diamond Tariffs Do Nothing for U.S. Jobs
De Beers CEO Al Cook says Trump’s diamond tariffs hurt U.S. consumers, not jobs. Learn why the industry is urging for exemptions amid global trade tensions.
De Beers CEO Al Cook says Trump’s diamond tariffs hurt U.S. consumers, not jobs. Learn why the industry is urging for exemptions amid global trade tensions.
Botswana’s vice president says he’s confident that a new buyer will be found for De Beers by the end of the year – and he hinted that the government could substantially increase its own stake, currently 15 per cent.
Yellow diamonds are making a stylish comeback
Botswana is bracing for deeper spending cuts and a widening budget deficit as a prolonged slump in diamond demand pressures its economy, even as the country signals interest in expanding its stake in diamond giant De Beers.
Namibia’s diamond industry may be pushed into deeper crisis if United States (US) president Donald Trump pushes ahead with implementing an export tariff of 21% on Namibia.
US Jewelry Sector Shrinks Again in Q1
Fancy Colour diamond Prices
The Winston Red, an extraordinary and exceptionally rare diamond, is now on show to the public — making it the only known pure red diamond of its kind currently on display anywhere in the world.
Botswana’s former president Mokgweetsi Masisi has accused De Beers of funding the party that ousted him from power last November – because he was taking too tough a stance on the critical 10-year diamond deal.
A collection of 21 pieces by the celebrated jeweler JAR (Joel Arthur Rosenthal) is expected to sell for at least $3m at Christie’s Geneva.