Botswana President Duma Boko reiterated a plan to take control of De Beers, rebuffing a warning from the International Monetary Fund that the diamond market’s prolonged slump makes it a risky ...
11monon MSN
De Beers is sitting on a $2 billion pile of diamonds as demand slumps — ‘It’s been a bad year’
The diamond giant's $2 billion in inventory is the most since the 2008 financial crash, according to the Financial Times.
De Beers accelerates its Forevermark retail expansion in India, driven by a 10-12% annual growth in natural diamond demand, bolstered by strong wedding trends and a rise in self-purchases among women.
De Beers pleaded guilty Tuesday to charges in a 10-year-old price-fixing case under an agreement that would clear the way for the diamond giant to resume selling diamonds directly in the lucrative U.S ...
De Beers pleaded guilty in a 10-year-old price-fixing case Tuesday and was fined $10 million fine as part of an agreement that would clear the way for the diamond giant to resume selling diamonds ...
Namibian Sun on MSN
De Beers: Namibia optimistic, Botswana warned by IMF
Not a bad idea Ogone Tlhage Namibia’s planned purchase of a minority stake in diamond miner De Beers has been met with optimism. It aligns with the country’s long-term beneficiation goals, aimed at ...
Reset is a word that has come to define 2020. When the pandemic hit the United States in March, we were forced to reset everything: our priorities, our mindsets, even our habits. For certain ...
De Beers, the world’s top diamond producer, will plead guilty in an American court to a 10-year-old price-fixing charge, opening the way for it to resume business in the U.S. after nearly 60 years, a ...
Lev Leviev is taking on the most successful cartel in the world. The police are waiting for Lev Leviev when his gulfstream 2000 jet lands in Kiev after a three-hour flight from Tel Aviv. This is no ...
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