beers
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Jewelry and Accessories
De Beers Faces Financial Losses in First Half of 2026 Amid Slumping Rough Diamond Prices and Market Volatility
The global diamond industry is navigating a period of profound structural and economic transformation, as evidenced by the latest financial…
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Jewelry and Accessories
De Beers Faces Financial Deficit for First Half of 2026 as Global Diamond Market Headwinds Persist
De Beers is expected to report a financial deficit for the first half of 2026 following a significant downturn in…
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Jewelry and Accessories
De Beers Proposes 1,214 Job Cuts Amid Production Pause at Venetia Mine as National Union of Mineworkers Vows to Fight Layoffs
De Beers Group has initiated a formal consultation process that could lead to the retrenchment of 1,214 workers as it…
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Jewelry and Accessories
Anglo American Names Global Diamond Consortium Led by Gareth Penny as Preferred Bidder for De Beers Acquisition
Anglo American has officially designated a consortium led by former De Beers Chief Executive Officer Gareth Penny as the preferred…
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Jewelry and Accessories
Botswana Confirms Global Diamond Consortium Led by Former CEO Gareth Penny as Preferred Bidder for De Beers Sale
The government of Botswana has officially identified the Global Diamond Consortium, a group led by former De Beers Chief Executive…
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Jewelry and Accessories
Anglo American Selects Gareth Penny-Led Consortium as Preferred Bidder for De Beers with Sale Target Set for Late 2026
The government of Botswana has officially announced that Anglo American has identified a preferred bidder for its majority stake in…
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Jewelry and Accessories
Antwerp Sightholders Back Gareth Penny’s De Beers Bid — Sources.
Belgian diamond companies Diarough and Pluczenik have joined former De Beers CEO Gareth Penny’s bid for the miner as the…
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