De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping demand, lab-grown stones and trade turmoil batter the global diamond market.

De Beers said will pause production at Venetia mine in Limpopo, South Africa’s biggest diamond mine employing about 4,400 staff, for two years to reduce costs. The proposed action at Venetia mine ...

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 ...

Lab-grown diamonds are taking over — and big gem is sweating. Brides-to-be are snapping up bigger, cheaper, jaw-dropping lab-grown rocks, and the once-untouchable natural diamond market is feeling the ...

With natural diamond prices under pressure, jewellers are looking to attract more buyers and create new occasions for purchases in a market that's still largely untapped.