Aren’t diamonds supposed to be forever?
It’s a crisis in diamond country. Demand has collapsed, while long-term contracts are bulging the vaults with unsold rough diamonds. As a
Lightbox Delays New Production Plant to 1Q 2021
Lightbox, De Beers’s lab-grown diamond jewelry brand, has delayed commissioning its new facility in Portland, Oregon, by a few months due to
Lightbox sending meals from NYC restaurants to hospitals
De Beers’ lab-grown diamond jewelry brand, Lightbox, is kicking off a community program in New York City that’s designed to support local
China: falling demand puts pressure on the diamond industry
Giants De Beers and Alrosa have seen their sales of rough diamonds plummet since the outbreak of the coronavirus epidemic in China.
Diamond business: “The desirability of diamonds has not changed”
2019 has been a challenging year for players in the diamond business. Falling prices, plummeting revenues, uncertainty surrounding synthetic diamonds . .
Blockchain as a tool to fight blood diamonds
Is this luxury watch real? Do the diamonds come from a mine where human rights have been violated? In order to clarify
Despite drop in sales De Beers is betting on a future increase in consumer demand
De Beers’ sales of rough stones are down this year, as are those of Russian Alrosa. Their customers have a lot of
The history of diamonds in South Africa
The history of the first diamonds goes back to 3.3 trillion years ago when these beloved stones were formed under high pressure
Rough market | Let’s focus on auctions
De Beers’ half-yearly revenues highlighted the many challenges facing the diamond trade and the rough market. But in addition to the sharp
Bruce Cleaver: ” Turmoil in the diamond industry will pass”.
Photo Bruce Cleaver: DeBeersgroup.com The current turmoil in the diamond industry is serious, but it will pass, says Bruce Cleaver, CEO of