De Beers
Struggling natural diamond industry seeks to rediscover sparkle
Lab-grown diamonds account for nearly half of all engagement ring purchases worldwide in 2024
Gemstones with no resale value: Has demand peaked for lab-grown diamonds?
Amid falling prices and oversupply, local jewellers remain sanguine, even as industry leaders shift their focus back to natural diamonds
Is the party over for lab-grown 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 American explores De Beers IPO as part of break-up, sources say
Anglo holds 85 per cent of De Beers while the government of Botswana, where its biggest mines are, owns the remainder
De Beers approves US$1 billion spending at Botswana mine
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...
Global diamond prices tumble as cheaper, lab-grown gems soar in popularity
[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 ends lab-grown engagement diamonds foray as prices drop
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.
