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The Latest Breaking News from De Beers

This London-listed diamond miner reported surging sales even as shoppers increasingly turn to lab-grown gems

Lab-grown diamonds now account for nearly a fifth of all sales globally as younger shoppers fall out of love with mined diamonds.

Fortune

The diamond industry is ‘in trouble’ after prices sunk 6% this year. A jewelry CEO blames the rapid growth of lab-grown diamonds.

Industry experts anticipate an additional 15% to 20% price drop in diamonds over the next 12 months.

Fortune

De Beers, the business that coined ‘diamonds are forever,’ is pivoting to jewelry retail ahead of spinoff from Anglo American

De Beers, the company that coined the slogan “diamonds are forever,” wants to make a splash in retail to compete with the likes of Tiffany and Cartier.

Fortune

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Rich List 2024: Who are the wealthiest people in the UK?

Gopi Hinduja and his family, which is behind the Indian conglomerate Hinduja Group, have been named as Britain’s richest.

The Independent UK

Anglo American’s breakup is overdue. BHP must have seen it coming

Rejig is more radical than anything Anglo has tried in recent past but Australian miner could make fresh bid

The Guardian - UK

Anglo American to sell famous diamond business De Beers in breakup plan

UK mining company reveals breakup plan in bid to avoid takeover by Australia-based BHP

The Guardian - UK

BHP’s pursuit of Anglo American has a major obstacle: South Africa

The De Beers owner is a longstanding jewel in the African' state’s economic crown – it would be a ‘big blow’ to see it sold off

The Guardian - UK

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High jewellery with dazzling effects

Stand-out gems dazzle against a backdrop of red and black in our high jewellery shoot

Wallpaper

The best adverts of the 1940s, as picked by experts

Our experts discuss the timeless charm of the best 1940s ads.

Creative Bloq

Botswana, De Beers Approve $1 Bn Deal In World's Top Diamond Mine

Botswana and global diamond giant De Beers have approved a $1 billion investment to dig under the world's richest diamond mine by volume, their joint venture said on Wednesday.

International Business Times

The 10 best looks from the 2024 Golden Globes red carpet

See who wore what at the 2024 Golden Globes

Marie Claire

Is reducing CO2 emissions a prisoner's dilemma?

The emissions dilemma comes down to game theory.

Fortune

Best places to buy an engagement ring online in the UK

The jewellers you can’t say no to

Evening Standard

Botswana president insists on bigger share of diamonds from De Beers venture

Botswana will not back down on demands for a bigger share of rough diamonds from its joint venture with De Beers, President Mokgweetsi Masisi said on Thursday, upping the stakes as talks for a new sales deal appear to be stalling.

Reuters

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The Conversation

Supercomputers have revealed the giant 'pillars of heat' funnelling diamonds upwards from deep within Earth

Most diamonds are formed deep inside Earth and brought close to the surface in small yet powerful volcanic eruptions of a kind of rock called “kimberlite”.

Wallpaper

Tiaras rule: discover three contemporary takes marking the coronation of King Charles III

High jewellery houses create special-edition, contemporary tiaras to mark the coronation

Daily Mirror

Extremely rare 'diamond within a diamond' unearthed in India called Beating Heart

VD Global, based in Surat, India found the incredibly rare 'diamond within a diamond' in October and experts have claimed they have never seen anything like it before

TechRadar

Amazon is growing diamonds to use in quantum networks

AWS and De Beers team up on signal repeaters from diamonds fit for the brave new world of quantum networking.

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The Guardian - UK

Nothing Lasts Forever review – sparkling documentary about the diamond business

Jason Kohn’s thoroughly entertaining film explodes the myth and mystique around diamonds and the De Beers cartel

WEKU

Diamond diggers in South Africa's deserted mines break the law — and risk their lives

Photos show the desperate search for scraps left by big diamond operators. But amid rampant poverty and unemployment, zama-zamas see no other way to provide for their families.

Reuters

South Africa mine dam wall collapses, killing 1 and injuring 40

A mine dam wall collapse in South Africa's Free State province swept away houses and cars on Sunday, the provincial government said, killing one person and injuring another 40.

ABC News

Diamonds have a unique 'fingerprint' that can reveal their origins and tell you if you've bought the real deal

In the gem business, knowing a real diamond from a fake is pretty crucial. Diamonds, just like people, have a unique 'fingerprint' and the technology to map them out is getting more advanced.

ABC News

Argyle diamond mine's future hangs in balance as Rio Tinto negotiates with traditional owners

After the Juukan Gorge scandal, Rio Tinto and traditional owners are in tough negotiations about what's left behind at Argyle in Western Australia's Kimberley region following 37 years of mining diamonds.

Reuters

Pro-military symbols adorn shop windows of western brands in Moscow

Salvatore Ferragamo and De Beers branded stores were decked out with pro-military symbols to mark Russia's annual Victory Day parade on Monday, demonstrating how little control high-end retailers have over how their goods are sold in the country.

Daily Mirror

Largest blue diamond ever sold could fetch £36million at auction

The De Beers Cullinan Blue will be sold in a stand-alone sale during Sotheby’s Luxury Week, taking place on Tuesday 27 April at Sotheby’s Hong Kong . Before that, it will go on show around the world

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