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diamond prices

Coverage of diamond prices in the Nexus archive.

Earliest in view: Jul 13 · 23:14 UTCMost recent: Jul 13 · 23:14 UTC
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  • BUSINESSJul 13 · 23:14 UTCSEMAFOR
    De Beers halts S. Africa mine output

    De Beers has halted production at South Africa’s Venetia mine, its largest diamond mine, due to declining gemstone prices caused by slowing demand and competition from lab-grown stones. The mine produces 40% of South Africa’s diamonds, and real diamond prices have fallen 50% since 2022, prompting De Beers’ parent company, Anglo American, to consider selling the business.