Namibia’s marine diamond miner’s production hit by Covid-19
Debmarine Namibia, a subsidiary of Anglo American’s diamond unit De Beers, on Monday reported a 13% drop[…]
De Beers Posts First Loss Since 2009
De Beers recorded its first annual loss since the aftermath of the global financial crisis as rough[…]
De Beers Taps Into Unexpected Natural Wonders For New Collection
In celebration of the natural beauty of the countries from which its diamonds are produced, De Beers[…]
De Beers Sales Hit Three-Year High
De Beers’ rough-diamond sales soared to $650 million in January, its highest for any month since 2018,[…]
De Beers Trims Production Plan for Coming Years
De Beers has reduced its production plan for the next two years, aiming to avoid releasing too[…]
De Beers says recovery to Extend – Well Beyond 2020
The diamond sector’s rebound from the Covid-19 crisis will feature ups and downs that will continue into[…]
De Beers sales show steady recovery in diamond market
De Beers, the world’s largest diamond producer by value, said on Wednesday that its latest sale of[…]
De Beers Reduces Prices of Smaller Rough
De Beers lowered prices of rough diamonds below 1 carat as the positive sales momentum that began[…]
Covid-19 Ravages De Beers Sales
De Beers’ sales and production nosedived in the second quarter as the coronavirus crushed diamond demand throughout[…]
Buyers Snub De Beers and Alrosa over High Prices
De Beers and Alrosa continued to see rock-bottom sales in June as buyers rejected the miners’ high[…]