De Beers Group and Angola’s national diamond company Endiama have discovered kimberlite, the host rock for diamonds, in ...

De Beers has discovered a new kimberlite field in Angola, marking its first such find in three decades. The venture, a ...

The diamond-price crash caused by a flood of laboratory grown gems has hit the profit of industry leader De Beers and made it ...

De Beers and Endiama plan increased drilling, surveys and lab tests to assess diamond potential in Angola soon.

This marks the first such find for De Beers in more than 30 years and signals a potential boost for the country's diamond ...

De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, it said on ...

WHEN Gareth Penny ended his 22-year career at De Beers in 2010, the company was only just emerging from the tumult of the ...

De Beers slashed the price of its lab grown diamond brand, Lightbox, to $500 per carat from $800. Robert – stock.adobe.com For many years, De Beers had fought the trend towards LGDs, disparaging ...

De Beers’s rival, Russian miner Alrosa PJSC, already canceled all its sales for two months, while the market in India — the dominant cutting and trading center — had halted imports.

De Beers stopped mining in Kimberley, South Africa, nine years ago. The mining town is known for the Big Hole, a cavity around 700 feet deep and 1,500 feet wide that was created by miners a ...

De Beers is a bit late to the party, however, as jewelers such as the Diamond Foundry backed by Leonardo DiCaprio (who starred in 2006’s “Blood Diamond,” which highlighted the conflict ...

De Beers is hoping to create big price gap with its new product, which will sell under the name Lightbox in the U.S. A 1-carat man-made diamond sells for about $4,000 and a similar natural diamond ...