De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping ...
First formal price reduction in over a year comes as weak demand, tariffs, and synthetic stones pressure the 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 ...
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 ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Anglo American, the $30.7 billion British multinational ...
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