Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...

The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.

De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become ...

Government and De Beers have finalised their long-drawn-out talks for a new sales agreement and are due to formally sign the ...

Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake ...

Anglo American is working to maximise its value should any new M&A suitor come along and anticipates significant progress ...

Botswana’s president Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction ...

The industry has been hammered by a collapse in diamond demand from China and the increasing penetration of lab grown stones.

India has been emerging as a bright spot for the cut and polished diamonds amidst a slowdown in key markets such as the U.S.

De Beers, a global leader in the diamond industry, on Wednesday announced it will foray into the retail segment with the opening of 15 Forevermark brand stores in India in the current year.

Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...