Weak sales and lab-grown stones are threatening the livelihoods of thousands of the country’s workers in De Beers’ mines.

GABORONE, Botswana — In a village outside Botswana ’s capital, Keorapetse Koko sat on an aging couch in her sparsely furnished home, stunned that a career — and an entire nation’s economy — built on ...

JOHANNESBURG (AP) — Five miners who were trapped last week after a mudslide flooded a shaft remain unaccounted for and are “now presumed deceased,” the owners of the diamond mining company in South ...

Petra Diamonds placed Finsch under business rescue in May 2026 after prolonged weakness in the diamond market, declining ...

Stretching 450 kilometers (280 miles) from Cape Columbine, two hours north of Cape Town, to the Orange River which marks the country’s natural border with Namibia, South Africa’s West Coast is vast, ...

Anglo American (AAUKF) (NGLOY) said Monday its De Beers diamond unit is halting production for two years at its Venetia mine in South Africa to cut costs, as depressed conditions in the diamond market ...

GABORONE, Botswana — The largest diamond found in more than a century has been unearthed at a mine in Botswana, and the country’s president showed off the fist-sized stone to the world at a viewing ...

JOHANNESBURG, Feb 20 (Reuters) - Five diamond miners missing since Tuesday following a mudslide deep underground are presumed dead, South Africa's mining minister said on Friday after assessing rescue ...

A surge in luxury spending among younger consumers is reshaping the U.S. diamond market and offering fresh momentum for African producers. ・American consumers are showing renewed interest in natural ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. A perfect 100-carat natural diamond heading for auction at Sotheby's in London. (Photo by ...