De Beers diamond unit said Thursday it is shutting down its Lightbox lab-grown diamond jewelry brand and will focus on ...

Lightbox was established by De Beers in 2018 to disrupt the lab-grown diamond industry, arguing that lab-grown diamonds are a ...

Decision reflects De Beers’ renewed focus on natural diamonds, a return to the strategy behind its iconic “Diamonds are ...

US coal producer Peabody Energy said financing of its proposed $3.8bn purchase of metallurgical coal assets from Anglo ...

Al Cook, chief executive of De Beers, told the Financial Times there were “no US diamond mining jobs to protect” and that the ...

Botswana plans spending cuts amid falling diamond demand and a widening deficit, while seeking a larger stake in De Beers.

The metal is now back to $5,375 an oz, while palladium has dropped from over $2,000 an oz in 2022 to under $1,000. Profits ...

Botswana’s government said it’s optimistic that Anglo American Plc will find a buyer for its diamond unit De Beers this year.

De Beers said that in the U.S., supermarkets are driving down lab-grown diamond jewelry prices, and the expectation is that ...