SYDNEY, AUSTRALIA – 14th May, 2025 – In a significant market shift, De Beers, the globally recognised diamond giant, has ceased its lab-grown diamond initiative, Lightbox, underscoring the ...

Diamond giant De Beers has seen its stockpile reach $2 billion, the biggest since the 2008 financial crisis, according to the Financial Times. "It’s been a bad year for rough diamond sales." ...

De Beers is saying goodbye. The company announced that it is officially closing its lab-grown diamond jewelry business, known as Lightbox, in a move that confirms its allegiance to traditional ...

A $2.9 billion De Beers writedown means that Anglo has been able "to bring the carrying value of this business to a more reasonable $4.1 billion," Jefferies analysts said.

De Beers has lowered %Diamond prices by more than 10% as the world’s biggest producer of the precious stones abandons efforts to prop-up the slumping market.

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 ...

De Beers tried its hand at growing a lab-grown diamond jewelry business for six years before ditching it earlier this year. But a segment of that failed attempt has flourished—and it has ...

De Beers has cut diamond prices by more than 10% across the board as the world’s biggest producer abandons attempts to put a floor under the slumping market. The diamond industry has been struck ...

De Beers Group thinks life should sparkle. That's why its new marketing campaign "Forever Present" believes natural diamonds are an enduring gift. The work, by Arnold, ...