Diamond giant De Beers slashed the price of its precious solitaires amid plunging sales as bargain-hunting fiancées increasingly opt for cheaper lab-grown gems. Among De Beers’ larger stones, one ...
De Beers, the world’s biggest producer of natural diamonds, has slashed its prices by 10% to 15%, Bloomberg reported. Blame ...
Chennai: Botswana government has agreed to sell the rough diamonds mined by its miner ODC to be sold directly to India, ...
De Beers has cut diamond prices by 10-15%, a historically large reduction, in response to falling demand and the rise of synthetic diamonds. This move signals a significant shift in the diamond market ...
LAS VEGAS--(BUSINESS WIRE)--Diamond prices fell heavily in July as weak retail demand persisted. De Beers’ 5% to 15% reduction in many rough prices contributed to the decline, as did very strong ...
Diamonds have lost their twinkle in the eyes of the consumer, and industry professionals are sounding the alarms. “The diamond industry is in trouble,” Ankur Daga, founder and CEO of e-commerce ...
Lucara Diamond discovers a 2,036-carat diamond in Botswana, reaffirming Karowe as the world's most incredible mine.
Russia diamond giant Alrosa is halting sales in a bid to boost diamond prices, according to Bloomberg. The company will temporarily pause sales of rough diamonds until November. Diamond prices have ...
A diamond in the rough is not a bad way to describe Burgundy Diamond Mines, a small company outperforming rival producers of natural gems, in a market distorted by synthetic stones and Russian ...
During Q1 2023, Mountain Province Diamonds booked record quarterly revenues, EBITDA, and net income, and the TTM earnings per share stand at C$0.26 ($0.19). I think that the next few quarters are ...
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