De Beers shuts flagship diamond mine for two years as prices for the precious stones slump
De Beers, whose gems are worn by singer Rita Ora (pictured), said it is pausing operations at its Venetia mine for two years to cut costs.
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De Beers, whose gems are worn by singer Rita Ora (pictured), said it is pausing operations at its Venetia mine for two years to cut costs.
Diamond miner Lucara Diamond Corp has recovered a 1 305.4 ct diamond from its Karowe mine, in Botswana, marking the tenth diamond weighing more than 1 000 ct to be recovered at the...
Production will stop for two years at the mine which employs more than 4,000 people.
From the moment rough diamonds arrive from mine operations to the point they are presented for sale, diamond miner De Beers’ Sky Park facility, in Gauteng, has become the central p...
De Beers has made some of the deepest ever cuts to its official diamond prices, potentially signaling an end to its years-long campaign to hold them well above the market rate. The...
Diamond miner Gem Diamonds recorded revenue of $32.1-million for the quarter ended March 31, supported by the sale of large, high-value diamonds recovered at its LetsМЊeng mine, in...
Diamond Fever! is the story of two prospectors, two speculators, and a host of investors who may or may not have struck it rich with the American West's only diamond mine. The post...
Inside Henan Province, microwave plasma reactors grow gem-quality diamonds in about two weeks for a few hundred dollars — chemically identical to mined stones and quietly dismantli...
Canada's diamond mines were never going to operate forever, but the industry's decline has been accelerated by the growing popularity of lab-grown diamonds and U.S. tariffs.
Five diamonds weighing 1.22 carats found during exploration in Chhattisgarh
De Beers announced Monday it will pause production at South Africa's largest diamond mine for two years to reduce costs while trading conditions remained tough
Amid continued weakness in the diamond market, London-listed Petra Diamonds has decided to place its Finsch mine, in South Africa, in business rescue in order to protect the overal...
Chinedu Okafor l The Business Insider ZIMBABWE, via its state-owned miner, intends to produce more diamonds this year than it did the previous fiscal year, despite challenges in th...
The post Emerald Diamond appeared first on BetMGM.
This is a prototype for a blockchain mining game, its not active, this is for testing.Shoot purple asteroids to mine gold ones, hitting a purple decreases score...
A sale of De Beers, Anglo American's diamond unit, has never been closer, its CEO said on Tuesday, adding that a deal could come within weeks. Anglo put De Beers - one of the worl...
The post Diamond Safari appeared first on BetMGM.
The natural diamond industry has a problem it cannot see with the naked eye. Lab-grown stones are now virtually identical to mined gems, they cost a fraction of the price, and the...
These are the warm-toned stones taking over our jewellery boxes and redefining how we wear coloured diamonds.
As the natural diamond industry continues to navigate a challenging period, businesses across the pipeline are adapting to changing market conditions, evolving consumer behaviour a...
Family-owned national retailer introduces bridal range using certified African gems and ethical gold
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