De Beers

Amid falling prices and oversupply, local jewellers remain sanguine, even as industry leaders shift their focus back to natural diamonds 

THE past few years have been very good for the lab-grown diamond (LGD) market. Sales skyrocketed as producers and jewellers found greater acceptance among consumers for these alternatives to their nat...

Anglo holds 85 per cent of De Beers while the government of Botswana, where its biggest mines are, owns the remainder

GLOBAL diamond giant De Beers said it will go ahead with a planned US$1 billion investment to extend the life of its flagship Jwaneng mine in Botswana, even as last year’s downturn in gem demand persi...

[LONDON] Diamond prices have tumbled this year as Russian gems continue to flood the global market despite sanctions from the US and the UK, while the rise of lab-grown diamonds has cannibalised deman...

De Beers decided to call time on offering lab-grown diamonds for engagement rings, even as the man-made alternatives continue to cannibalise demand in one of the company’s most important markets.