Annual figures showed underlying losses at De Beers widened to 511 million dollars (£380 million) from 25 million dollars of losses (£19 million) in 2024 as it said “rough diamond trading conditions remained challenging”.
The FTSE 100 mining giant reported net losses of 3.7 billion dollars (�2.8 billion) in 2025 due largely to the massive impairment charge on De Beers... .
GABORONE, Feb. 20 (Xinhua) -- Rough diamond trading conditions remained challenging throughout 2025 amid persistent industry, geopolitical and tariff uncertainty, according to a report of De BeersGroup published on Friday. Read full story ... .
The Gahcho Kué diamond mine in the Northwest Territories says it's begun talking to some employees about job "redundancies," after a recent decision to pause an expansion project at the mine ... .
Anglo American PLC took yet another writedown on its struggling De Beers unit as one of the diamond industry’s deepest ever crises continued to weigh on the miner’s profits.
AAL) posted a $3.7 billion loss on Friday after taking a fresh $2.3 billion writedown on De Beers, as a deepening crisis in the global diamond market continues to weigh on the miner’s bottom line ... De Beers’ value review.
Mabeo further said this aligns with De Beers’ BuildingForever framework, which is focused on making a meaningful, sustainable impact in the places where De Beers operates and ensuring a positive legacy long after the last diamond is mined.
Officials at De Beers said Friday that the company’s Diamond Entrepreneur Programme has already attracted tremendous attention with many applicants showing interest ... Under the deal, De Beers committed ...