The diamond industry faces a crisis as lab-grown stones destroy prices and threaten the economics of natural-diamond mining. But the value of scarcity may save natural diamonds.
Anglo and the Botswana government are sending mixed messages about De Beers’ sale, but one thing is clear: it’s at a bargain-basement price
Making diamonds desirable again depends on more than reviving one of history’s greatest marketing machines
The decision comes at an awful time for Anglo CEO Duncan Wanblad, as appetite to buy the miner’s diamond assets fizzles out
A consortium led by former CEO Bruce Cleaver has withdrawn from the auction, as pressure on the diamond market intensifies
Gareth Penny is tipped to acquire De Beers, but reviving the diamond market may prove harder than buying it
A consortium led by former CEO Gareth Penny has been tipped as the frontrunner to buy diamond miner De Beers
The rise of lab-grown diamonds has been ruinous for the diamond industry. Has the sparkle moved to other gemstones?
Between lab-grown diamonds and the frailty of consumers in China, natural diamonds have been on the wane. De Beers has a plan to turn that around