Diamond Top Stories

De Beers sales drop to $315m amid search for new owner

Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year.

Cecilia Jamasmie | June 26, 2024 | 3:50 am

The more than 100-year-old diamond miner is seeking options for its spin off…

Reuters | June 21, 2024 | 12:16 pm

The auction marked the 10th anniversary of Gemfields’ first sale…

Cecilia Jamasmie | June 19, 2024 | 5:36 am

The incident, which took place on Monday, involved a contractor.

Reuters | June 18, 2024 | 3:53 am

Bruce Cleaver, who was at the helm of De Beers…

Cecilia Jamasmie | June 11, 2024 | 3:53 am

More than 20% of Anglo shares are held by South African investors.

Reuters | May 30, 2024 | 7:04 am

The natural diamond market has struggled in the past two years due to rising consumer demand for cheaper lab-grown diamonds.

Reuters | May 29, 2024 | 9:28 am

The world's top diamond producer by value is finalizing a new ten-year gem sales deal agreed last June with De Beers.

Reuters | May 29, 2024 | 6:35 am

The 212.9 carat Type II white stone was found at Letšeng mine, one of the world’s ten largest diamond operations by revenue.

Staff Writer | May 29, 2024 | 5:19 am

BHP walks away from proposed $49bn takeover of Anglo American

Less than an hour before the 5 p.m. UK cut off, BHP confirmed it had failed to secure Anglo’s board backing and would not proceed with the takeover.

Cecilia Jamasmie | May 29, 2024 | 4:05 am