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The Latest Breaking News from De Beers

Anglo American slashes value of De Beers diamond business by another £1.7bn

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.

Evening Standard

IShowSpeed Unknowingly Exposes That Botswana Diamond Workers Can't Buy Their Own Diamonds---Here's Why

Streamer IShowSpeed revealed that Botswana, which produces a quarter of the world's diamonds, bars locals and visitors from buying rough diamonds directly due to contracts controlled by De Beers and the government.

International Business Times UK

This African nation built its development on diamonds. Now it's crashing down

Diamonds helped transform Botswana from one of the world’s poorest nations into one of Africa’s success stories

The Independent UK

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‘Sand Castles’: 21 Surreal Photos Of Desert Sand Swallowing Abandoned Homes By Emma McEvoy

Hauntingly beautiful?

Bored Panda

Fashion Hits And Total Misses From The 2025 Academy Museum Gala

"But to say that it was mesmerizing would be an understatement."

Bored Panda

How the diamond engagement ring was invented – and sold around the world

The story of the diamond industry is one of monopolies, marketing and a month’s salary or more.

Al Jazeera

Lab-grown Diamonds Robbing Southern Africa Of Riches

Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives as cheaper, lab-grown stones threaten their economies.

International Business Times

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Botswana Seeks Diamond Dominance, Eyes Majority Of De Beers

Botswana is reportedly seeking a controlling stake in the leading diamond producer De Beers, potentially complicating Anglo American's (OTCQX:AAUKF) plans for the sale.

Benzinga

Paris Couture Week Dazzles with Mega-Carats and Bold Surprises

All the high jewellery news you need to know

Marie Claire

6 Common Life Tips That Were Completely Made Up by Marketers

Every day, people scroll through feeds, flip through glossy magazines, and overhear advice that promises to make life better. Many of these so-called life tips sound reasonable enough to be true—so they stick around for decades, repeated from one generation to the next. The catch? Some of the most popular…

Everybody Loves Your Money

Where do giant volcanic eruptions come from? New study finds missing link to ‘blobs’ deep within Earth

Volcanic eruptions at Earth’s surface have significant consequences. Smaller ones can scare tourists on Mount Etna or disrupt air traffic.

The Conversation

“Eras Tour Was Essentially Her GoFundMe”: Taylor Swift Slammed For Wealth Display During Outing

“Her earrings cost more than my car,” one said after Taylor Swift’s decked out appearance for her girls night out with Selena Gomez.

Bored Panda

Rich List 2024: Who are the wealthiest people in the UK?

Gopi Hinduja and his family, which is behind the Indian conglomerate Hinduja Group, have been named as Britain’s richest.

Evening Standard

The Low-Down: All the Fashion Industry News you Need to Know, Now

Stay up to date on the biggest news and industry moves

Marie Claire

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The Guardian - UK

The Diamond Heist review – Guy Ritchie’s thrilling tale of the failed Millennium Dome jewel robbery

This three-part documentary about the attempt to steal hundreds of millions of pounds’ worth of diamonds is pacey and stylish – but it definitely didn’t need to glamorise the real-life violence

Evening Standard

The biggest heist that never happened: how thieves almost stole £350m of diamonds from the Millennium Dome

The story of how one of the biggest attempted heists of all time collapsed has now been made into a Netflix documentary, courtesy of Guy Ritchie

Top News

Botswana Signs New Diamond Sales Agreement With De Beers

Botswana secures vital diamond sales agreement with De Beers, boosting its economy and solidifying the government's relationship with the mining company.

The Independent UK

Botswana, the country with the biggest diamonds, gets an improved 10-year deal with miner De Beers

The Botswana government has signed a new diamond sales agreement crucial to its economy with the De Beers mining company after seven years of negotiations

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news in one place.

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The Guardian - UK

Anglo American writes down value of diamond firm De Beers by $2.9bn

Sale of the miner, which is now valued at $4bn, may be delayed following ‘really, really difficult’ market

Fortune

Chinese retailers offload polished diamonds, adding to $2bn inventory pain for De Beers

Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De Beers value.

Fortune

Thinking of proposing? It could be a lot cheaper as diamond prices drop

Much has changed in the last two years.

The Guardian - UK

Diamonds lose their sparkle as prices come crashing down

Lab-grown rocks and fewer weddings have put a huge damper on the market. On the bright side, a big dazzler is now affordable for many

Tom’s Hardware

Company develops copper-diamond composite for better heatsink cooling — lower CPU and GPU temps

E6, a De Beers Group company, is developing a copper-diamond composite material to serve as a more effective heatsink.

Fortune

It's ‘Trump Day’ in Davos!

Also: Nicolai Tangen says sell U.S. tech stocks, Nadella wades into Musk v Altman fight.

Fortune

De Beers is sitting on a $2 billion pile of diamonds as demand slumps — 'It's been a bad year'

The diamond giant's $2 billion in inventory is the most since the 2008 financial crash, according to the Financial Times.

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