The suspension of operations at the Point Lake site will see several hundred employees and contractors laid off.

The proposed spin off of Anglo American's De Beers diamond unit will take 'some time' and the miner is not rushing to complete the split, Mark Wall, CEO of Mountain Province Diamonds , the ...

Cheap man-made diamonds are making life harder for miners, flooding the market with gems nearly indistinguishable from ...

Botswana's government wants to take a controlling stake in De Beers, the country's mining minister told the Financial Times ...

Anglo American Plc's <AAL.L> De Beers said on Thursday it failed to find a buyer for its money-losing Snap Lake mine in Canada's Arctic and would start flooding the underground operation in early ...

Canada's remote Arctic region, home to around 86,000 people, is facing the complete closure of all the diamond mines by 2030 and is looking for ways to keep mining alive.

De Beers rough diamond sales declined by 40%, from $6 billion in 2022 to $3.6 billion in 2023, as competitive pressure from lower-cost lab-grown diamonds increased.

To keep prices from totally collapsing, last fall the two biggest diamond mining companies—De Beers and Russia’s Alrosa—stopped selling diamonds altogether.

News Diamond Giant De Beers Appoints GC Amid Executive Shake-Up Newly appointed GC Tom Johnson has "an unparalleled understanding of the complexities that come with being a 135-year-old company ...

De Beers Group said Thursday that it plans to close Lightbox, its lab-grown diamond jewelry brand, saying that the closure reinforces its “commitment to natural diamonds in the jewelry sector ...

Diamonds miner De Beers Group’s GemFair programme has reached the key milestone of buying its 10 000th diamond since its launch in 2018. GemFair focuses on developing a responsible sourcing ...