Anglo American’s Financial Report Reveals Challenges Facing De Beers Diamond Business
Editor’s NoteAnglo American’s latest financial report underscores the mounting pressures within the diamond sector, as reflected by a $2.9 billion…
Editor’s NoteAnglo American’s latest financial report underscores the mounting pressures within the diamond sector, as reflected by a $2.9 billion…
Editor’s NoteAnglo American’s $3.1 billion net loss for 2024 underscores the severe and ongoing challenges within its De Beers diamond unit, which…
Editor’s NoteThis analysis explores how the rise of lab-grown diamonds is disrupting the traditional market, challenging the enduring value…
Editor’s NoteThis article examines the end of De Beers’s secretive “sight holder” sales system, a decades-old practice that shaped the global diamond…
Editor’s NoteThe global diamond industry faces a period of significant transition. As this report from Surat details, traditional hubs are contending…
Editor’s NoteThis article highlights a significant shift in the diamond market, with prices for both natural and lab-grown stones falling sharply….
Editor’s NoteThis article previews Dior’s new Milly Dentelle high jewelry collection, where artistic director Victoire de Castellane draws vibrant…
Editor’s NoteRecent data reveals a sharp divergence in the diamond market. While natural diamond prices have declined moderately from pre-pandemic…
Editor’s NoteThe sale of De Beers, the world’s diamond leader, has become a significant challenge for parent company Anglo American. As this article…
Editor’s NoteThe iconic slogan “A diamond is forever” faces a modern test as De Beers, the historic titan of the industry, confronts a profound…