De Beers Slashes Diamond Prices for Shrinking Group of Buyers
The mining giant, which long kept prices above market rates to avoid hurting overall sentiment, made sweeping price cuts and reduced its handpicked group of buyers to funnel gems to its strongest…
Read the full articleYou might also wanna read
De Beers makes deep diamond price cuts for shrinking buyers club
De Beers has made some of the deepest ever cuts to its official diamond prices, potentially signalling an end to its years-long campaign to
De Beers cuts diamond prices, axes 25 elite buyers
The first sale under a revamped customer strategy brings official prices closer to market levels amid a prolonged slump.
Diamond Giant De Beers to Shutter Largest Mine Under Mounting Pressure
This month Bloomberg reported that De Beers cut its prices to bring them much closer to the market rate, abandoning its premium position. Th
De Beers to shutter South African diamond mine to save cash
Diamond giant De Beers plans to halt production at its South African mine for two years, as the one-time monopoly continues to wrestle with
Anglo knocked as key De Beers bidder pulls interest
ANGLO American’s auction of its storied diamond division De Beers has turned out to be a bit of a dog show, with many of the potential bidde
Anglo knocked as key De Beers bidder pulls interest
ANGLO American’s auction of its storied diamond division De Beers has turned out to be a bit of a dog show, with many of the potential bidde
Comments
Sign in to join the conversation.
No comments yet. Be the first.