De Beers has accumulated the biggest stockpile of diamonds since 2008, the Financial Times reported. Weak demand and rising competition from lab-grown products are weighing on the diamond titan.

Upon its launch, De Beers had its gems priced at $800 a carat, well below the market value. Now, though, prices of synthetic diamonds have plummeted 90 percent at wholesale, ...

Venetia mine has implemented a range of proactive safety initiatives over the years, with a focus on embedding a culture of ...

Anglo American's portfolio simplification boosts EBITDA margins, enhances capital returns, and taps copper's energy transition potential. See more on NGLOY here.

De Beers launched the Lightbox business in 2018 with transparent linear pricing of $800 per carat, but lab-grown diamond prices have since fallen 90% at wholesale, tracking closer to a cost-plus ...

A rep for De Beers tells PEOPLE that the $36,000 De Beers Arpeggia One Line diamonds earrings Taylor Swift has been wearing were a gift from the jeweler after she wore the sparkly accessory to the ...

Anglo American prepares to sell De Beers despite the weak diamond market. Former De Beers CEOs and mining veteran O’Keeffe emerge as the leading candidates to buy the household brand. Get daily ...

De Beers’ Gresham factory employed 60 people when it opened in 2020. The company didn’t respond Friday to inquiries about how many people work there now and whether staffing levels will change.

PRICES for high-value diamonds have increased 10% this year, a promising development for miners of the precious stones who ...