De Beers has accumulated the biggest stockpile of diamonds since 2008, the Financial Times reported. Weak demand and rising ...

De Beers has reportedly built up its largest stockpile of diamonds since the 2008 financial crisis, with an inventory valued ...

The diamond giant's $2 billion in inventory is the most since the 2008 financial crash, according to the Financial Times.

Finding rough diamonds is not an easy task, and locating those over 100 carats is exponentially more difficult. Having formed in the earth billions of years ago, most of these stones naturally come in ...

China’s demand for natural diamonds has ‘fallen off a cliff’ amid plunging marriage rates, while its factories are churning ...

Man-made diamonds have also continued to undermine prices. As rough diamond prices in the secondary market — where traders and manufacturers buy from each other — have steadily dropped through ...

De Beers Group has accumulated its largest diamond inventory since the 2008 financial crisis, highlighting persistent ...

Surat, the world’s largest hub for polished diamond manufacturing, has been reeling under a severe recession for the last two ...

Diamonds face a demand decline, with De Beers reporting $2B in inventory and reduced production amid competition from ...

Realme has launched a new budget phone in India today. The phone in question which is called the Realme 14x is 5G-enabled and ...

The main candidates were a Middle East fund or a luxury house. (Later in the year, rumors started to emerge of a consortium of diamond manufacturers showing interest in acquiring De Beers.) De Beers’ ...

"It's been a bad year for rough diamond sales," chief executive ... As post-COVID demand cooled and prices plunged, the world's largest diamond producer started stockpiling unsold inventory ...