De Beers slashes diamond prices
De Beers has finally decided to cut the price of its diamonds in a bid to spark sales after the coronavirus pandemic paralyzed the industry.
De Beers has finally decided to cut the price of its diamonds in a bid to spark sales after the coronavirus pandemic paralyzed the industry.
Zimbabwean President Emmerson Mnangagwa skipped the carnage by traveling to Moscow as protests erupted across his country Monday, leaving 24 people injured and five possibly dead.
Philippe Mellier will step down as chief executive officer of De Beers, the world’s biggest diamond producer, with Bruce Cleaver taking over the position on July 1.
De Beers, the biggest diamond producer, sold $540 million of the gems in its first sale of the year.