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De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, it said on ...
De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, its first ...
De Beers and Endiama plan increased drilling, surveys and lab tests to assess diamond potential in Angola soon.
DE Beers has made its first kimberlite discovery in Angola for thirty years, said Reuters citing an announcement from the ...
The breakthrough came in July 2025 when the joint venture intersected kimberlite in its first drill hole into a high-priority ...
The diamond-price crash caused by a flood of laboratory grown gems has hit the profit of industry leader De Beers and made it ...
De Beers slashed the price of its lab grown diamond brand, Lightbox, to $500 per carat from $800. Robert – stock.adobe.com For many years, De Beers had fought the trend towards LGDs, disparaging ...
The brand made mined diamonds synonymous with love and devotion. Now the CEO decries what he calls a “huge con” in lab-grown stones masquerading as precious.
De Beers is a bit late to the party, however, as jewelers such as the Diamond Foundry backed by Leonardo DiCaprio (who starred in 2006’s “Blood Diamond,” which highlighted the conflict ...
De Beers’s rival, Russian miner Alrosa PJSC, already canceled all its sales for two months, while the market in India — the dominant cutting and trading center — had halted imports.
De Beers is hoping to create big price gap with its new product, which will sell under the name Lightbox in the U.S. A 1-carat man-made diamond sells for about $4,000 and a similar natural diamond ...