De Beers

Consumer

Diamond Giant De Beers to Shutter Largest Mine Under Mounting Pressure

Photo via Alex Segre/UCG/Universal Images Group/Newscom

This month Bloomberg reported that De Beers cut its prices to bring them much closer to the market rate, abandoning its premium position.

1 min read

Photo by Ajay Suresh via CC BY 2.0

Industrials

De Beers Gets a $2.9 Billion Writedown

De Beers, one of the largest companies in the diamond mining sector, has been battered by the ascendance of cheaper lab-grown gems.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photos via Freepik

Industrials

The Natural Diamond Industry is Cracking Up

The diamond industry is undergoing a major shake-up. But can just how far can the bottom fall for the industry?

5 min read

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