De Beers diamond sales plunge again

2019-06-25 13:43

De Beers’s diamond sales plunged again at the company’s latest offering, underlining a slump in demand from the miner’s customers who are struggling to make a profit at current prices.

Another monster diamond has been found in Lesotho

2019-04-08 14:41

Three other large diamonds were found at the mine recently.

A bespoke jeweller says Meghan Markle has caused a 'stratospheric rise' in the popularity of trinity engagement rings

2019-01-27 08:01

Prince Harry proposed to Meghan Markle with a trilogy ring, and a bespoke jeweller says it has since become one of the most sought-after styles.

'Incomparable' $50m pink diamond once owned by Oppenheimers smashes record at auction

2018-11-14 10:03

An exceptionally rare pink diamond of nearly 19 carats fetched $50m at auction in Geneva Tuesday, Christie's said, setting a new per-carat record for a stone of its kind.

WATCH: Rare pink diamond once owned by Oppenheimers may sell for $50 million

2018-11-11 09:51

A nearly 19-Carat pink diamond, the 'Pink Legacy' once owned by SA's Oppenheimer family, will be the standout offering at Christie's fall jewellery auction in Geneva.

Zimbabwe to consider waivers on black ownership laws for platinum, diamonds

2018-02-08 14:33

The country has already abolished ownership requirements for all minerals other than platinum and diamonds.

De Beers said to hire leak hunter to probe gem data breach

2017-09-14 13:55

The world’s biggest diamond producer has hired an external investigator to find the source of possible leaks of its most sensitive price data.

Botswana still betting on its diamonds

2016-11-13 06:00

Renewal of agreement with De Beers could see the country bring home more of the diamond trade

Elusive alluvial diamonds a problem for miners

2016-07-06 10:00

Despite challenges, the share prices of mining companies Trans Hex and Rockwell are strongly up so far this year, but don’t throw caution to the wind.

De Beers sells R9.87bn of diamonds at auction

2016-05-24 13:35

De Beers has completed a fourth offering of rough diamonds this year, signaling a stronger-than-expected demand during what is usually a weaker quarter.


Second-biggest diamond in history found, but it's not that great

2019-04-25 18:57

A giant 1 758-carat diamond, the second-biggest ever discovered, has been found in Botswana. But unlike its rivals, it won’t fetch a record-breaking price.

There are 2 telltale signs that a diamond is fake, according to a woman who designs and sells 6-figure engagement rings

2019-02-13 18:49

Nicole Wegman, founder and CEO of Ring Concierge, a company that designs custom engagement rings, says there are 2 ways to tell if a diamond is fake.

The engagement ring Chris Pratt gave Katherine Schwarzenegger is worth at least R5 million, according to a diamond expert

2019-01-15 14:35

"Ms. Schwarzenegger's engagement ring appears to be an oval-shaped diamond that weighs at least five carats."

De Beers is said to make big cuts in low-end diamond prices

2018-11-13 08:09

De Beers made steep cuts in the prices of low-quality stones at its sale this week, according to people familiar with the situation.

Petra Diamonds looking to live within its means

2018-07-26 10:50

The diamond miner has had a difficult two years, but analysts agree that Petra remains one of the best-placed companies to capitalise on a rising diamond price environment.

Diamond on the highway: Officer comes to driver's rescue

2017-09-20 18:50

A police officer has come to the rescue of a New Jersey woman who lost her diamond engagement ring on a highway while changing a flat tyre.

De Beers rakes in R6.8bn in diamond sales

2017-05-16 17:02

De Beers managed to generate R6.8bn in diamond sales for the fourth sales cycle of 2017.

Beneficiation the future of SA's diamond industry

2016-07-13 20:03

The global mining industry may be declining, but there is still an economic opportunity for South Africa to benefit through beneficiation.

Biggest diamond in over 100 years fails to sell at auction

2016-06-30 07:13

The highest bid of R904 million didn’t clear the so-called “reserve price” at a Sotheby’s auction, after the 1 109-carat diamond called Lesedi aimed for a R1.27bn selling price.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.