De Beers Loosens Buying Rules as Inventories Accumulate

Miner allowing sightholders to defer certain rough purchases to early 2024.

Mountain Province Sales Slump as Market Slows

Revenue down 39% year on year in second quarter.

Flawed Diamonds Are Seeing a Complex Downturn

Weak demand has left manufacturers with growing inventories of unsalable SI goods.

Lab-Grown Prices Are Holding Up at Retail, Says De Beers

Wholesale valuations are dropping fast, chief financial officer Sarah Kuijlaars explains.

De Beers Earnings Slide in Challenging First Half

Weak consumer demand, lower average selling price, and rise in costs impact bottom line.

De Beers Sales Slump at July Sight

Midstream is being cautious about buying, says CEO.

De Beers Sees First Output from Venetia Underground

Construction of South Africa project is 70% complete.

Mountain Province Revenue Slips in Second Quarter

Miner held one tender fewer than usual during the period.

A Rough Overhaul: Russia, Botswana, and Excess Supply

Newly published Kimberley Process numbers give fresh insights into current market developments.

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