A six-year synthetic diamond experiment by De Beers is being abandoned in the first aftershock of the failed $49 billion attempt by BHP to buy mining rival Anglo American, the current owner of the ...

Even with its legendary image of glitz and glamour, diamond icon De Beers has struggled to attract a buyer after nearly two ...

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. De Beers launched its largest diamond campaign in a decade, ...

De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping demand, lab-grown stones and trade turmoil batter the global diamond market.

Diamond giant De Beers slashed the price of its lab-grown rocks by nearly 40%, citing their plummeting wholesale prices, the London-based company said Friday. The man-made gems, which have gained in ...

The diamond business has been losing its luster of late and the industry’s largest producer wants to bring some of the shine back. De Beers is taking action to jolt demand for the precious stones ...

Anglo American has shifted its focus to copper and iron ore production while looking to sell its diamond business De Beers.

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De Beers made one of the steepest cuts to its diamond prices in years, as the world’s top producer tries to revive gem sales after the market ground to a halt. The industry almost came to a complete ...

De Beers sold the least diamonds since halting sales altogether during the height of the global pandemic, as the industry struggles with weak demand and too much stock. De Beers sold just $80 million ...

De Beers chief executive Al Cook wants to save a generation of lovers and newlyweds from what he calls a “huge con” when it comes to buying diamonds. In the process, he hopes to rescue his iconic ...